The proposal addresses two concerns of private company stakeholders--that hedge accounting requirements are too complex and that the costs and relevance of fair value accounting of a receive-variable, pay fixed interest rate swap
The district will retain for the series 2008B bonds the floating to fixed interest rate swap
it executed in conjunction with the series 2007A bonds to continue the synthetic fixed rate nature of those bonds.
announced today that it has entered into fixed interest rate swap
agreements with various counterparties, the impact of which will effectively fix future interest payments on $200 million of the Company's current $270 million floating rate term loan debt obligations.
0 million notional amount floating to fixed interest rate swap
arrangements relating to a portion of its $425.
0 billion reduction in the net receive fixed interest rate swap
As part of the repositioning, United prepaid a $50 million variable interest rate Federal Home Loan Bank ("FHLB") advance and terminated a fixed interest rate swap
associated with this advance during the first quarter of 2006.
A combination of interest rate caps and a fixed interest rate swap
have been put in place to hedge $120 million from late May 1995 through late May 1996.
Memorial expects to enter into a floating to fixed interest rate swap
with a notional amount of $38.
In addition, PWH entered into a floating to fixed interest rate swap
with a notional amount of $10 million in conjunction with the loan.
PRC has entered into a forward starting floating to fixed interest rate swap
with a notional amount of $33.
The company expects to record charges associated with the termination of the floating to fixed interest rate swaps
and the write-off of deferred financing costs of approximately $19 million in the first quarter 2005.
In conjunction with the pay down of its Tranche B Term Loan, the company will terminate $200 million notional of floating to fixed interest rate swaps
and reflect a pretax loss of approximately $12 million in its 2003 results associated with the termination of the floating to fixed interest rate swaps