References in periodicals archive ?
While no lender likes to see debt-coverage ratios drop, they should be reassured that most stable full-service hotels will still be able to generate enough cash flow to pay their mortgages," Woodworth said.
Loan-to-value (LTV) ratios have shrunk, and debt-coverage ratios have expanded, resulting in an increase in the amount of equity required to fund a transaction and an increase in the weighted average cost of capital.
To this point, major new hotel projects in New York, despite the improving economics, still have difficulty attaining the loan-to-value and debt-coverage ratios to meet investment banking criteria.
The combination of the currency mismatch between its dollar-denominated debt and its real-based revenues and the slowdown in cash flow generation resulting from a worsened economic environment brought debt-coverage ratios down to the lowest level in the company's rating history.
While these companies enjoy favorable market positions and are growing rapidly, a debt-financed acquisition of Olivetti's ownership stakes would have a substantial impact on Mannesmann's capital structure and debt-coverage ratios.
Massachusetts Electric's adjusted interest and debt-coverage ratios are indicative of the favorable cost power purchase arrangements the company has with affiliate, New England Power Company.