Equity injection

Equity injection

Purchase of shares (either common or preferred) of a (usually ailing) company or institution to provide it with the required capital.
References in periodicals archive ?
Both the Open Offer and Loan Capitalisation are triggered by the equity injection plan into i-CABLE, the major shareholder of HKCTV and Fantastic TV.
The assigned ratings draw comfort from the under implementation additional equity injection of Rs 25 by Habib Bank Limited, which is the country's largest commercial bank.
Silkbank has already received a major equity injection commitment from an international investor and has announced issuance of right shares which will take its total equity to Rs.
The programme will be funded in majority by an equity injection from both joint-venture partners, as per their percentage of ownership, the rest through Beyti's financial debt.
The sub-committee of the ECC had approved the establishment of TAPI Ltd by the four TAPI companies with equity injection into the company to the tune of USD 5-10 million and advised that gas infrastructure cess should be utilised for the required equity injection.
The latest quarterly total follows a net housing equity injection of PS13.
Following the last equity injection in 2008, losses have persisted and equity has reduced, the agency said.
Managing Director, Pakistan International Airline (PIA), Captain Mohammad Aijaz Haroon has said that PIA facing serious financial crises due to various reasons and it need equity injection to rescue PIA from losses.
The equity injection should put businesses on a firmer footing for a bank loan.
In a statement, KCA Deutag said the proceeds from the note offering, together with an equity injection from existing shareholders, "will be primarily used to refinance existing indebtedness.
This makes it the sort of opportunity private equity investors are looking for in this climate, so Premier has a good chance of securing funding, though an equity injection of this size would mean substantial dilution for current shareholders.
According to the ratings agency, the rating action reflects the change in ownership of the bank with a proposed equity injection of PKR4bn through an 80 percent right issue.