The in-principle agreement involving huge asset swaps
is part of a major restructuring of Germany's energy market as Europe's powerhouse switches from conventional to renewable power.
Under the new structure, the SCF has also entered into a number of asset swaps
to hedge the fixed-rate of interest received on the underlying Belgian residential loan assets against the post-swap floating-rate interest due on the majority of the OF.
Non-performing loans fell to 40 per cent, or AaAaAeAa[c]AaAaAeAe1/48 billion, of the book in March 2017, from a peak of 53 per cent in December 2014, driven by loan restructurings, debt for asset swaps
and write-offs," Moody's said in the report.
73bn compared with a year ago, after a series of asset swaps
with Swiss rival Novartis, which included the sale of its ofatumumab cancer treatments.
The deal with Novartis follows a previous series of asset swaps
between the two companies that completed earlier this year.
Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps
and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters.
However, last week saw a rash of deals in the healthcare industry, including value-creating asset swaps
involving Glaxo, Novartis and Lilly, an approach by Valeant for Botox-maker Allergan, and Zimmer's purchase of Biomet.
2425%, in line with the guidance of asset swaps
plus 155 basis point area and 177 bps over March 2019 Australian Commonwealth Government bonds.
2425 percent, in line with the guidance of asset swaps
plus 155 basis point area, and 177 bps over March 2019 Australian Commonwealth Government bonds.
In 2006 Gazprom and Sonatrach pledged to cooperate under a memorandum of understanding in Algeria, Russia, and overseas on exploration, production, transportation, and asset swaps
This paper begins with a description of credit default swaps, total return swaps, and asset swaps
and then focuses on the mechanics and risks of credit default swaps.
ENERGY giant BP and exploration firm BG Group yesterday agreed one of the largest North Sea asset swaps
in recent history.