New York-based partner Chris Frampton said: "UASC's existing debt financings presented a complex capital structure
that required amendments and restatements of approximately 35 separate facilities and a significant new refinancing facility.
Beales described the offer value as disappointing but admitted its complex capital structure
meant that its shareholders may wish to accept the certainty provided by the proposal.
With this refinancing, we have addressed our previously complex capital structure
in a holistic manner, taking advantage of favourable conditions in the debt markets.
The buyout was facilitated by a complex capital structure
comprising private equity funding from Rutland Partners, a cross-border ABL package from Lloyds TSB Commercial Finance and a mezzanine tranche provided by Indigo Capital.
Net losses, from a complex capital structure
USA is planning to change, narrowed to $19.
Entities with securities exercisable or convertible into common shares have a complex capital structure
and must present basic and diluted earnings per share amounts.
Companies that have potential common stock, such as stock options, warrants, and convertible securities, are considered to have a complex capital structure
Granted, Houston-based Maxxam is a highly diversified company with a history of bankruptcies and drastic turnarounds and a complex capital structure
, with a closely held block of Non-Cumulative Participating Convertible Preferred Stock and special provisions for board representation by holders of the Common Stock.
The very nature of subordinated debt and the introduction of another creditor into a relationship creates a more complex capital structure
and complicates the negotiations between a senior lender, borrower, and subordinated lender.
Any company with potential common shares has a complex capital structure
and must disclose both basic and diluted EPS.
Companies with a simple capital structure present BASIC EPS while those with a complex capital structure
present primary and fully diluted EPS.