American Renal Associates Holdings announced that its indirect wholly owned subsidiary, American Renal Holdings, has entered into an amendment to the credit agreement, dated June 22, 2017, with the holders of a majority of ARH's $100M senior secured revolving credit facility and $440M senior secured term B loan facility waiving, among other things, certain defaults or potential defaults
under the credit agreement.
Retail comprises 40% of these potential defaults
, with FULLBEAUTY Brands Inc.
Swiss commodity house Trafigura is racking up record oil trading volumes as it taps into price volatility but warns that merchants have to be more vigilant in the face of potential defaults
and bankruptcies of credit-stressed producers.
But Moody's Investors Service said in a June report that the subprime auto-lending market resembled the early 1990s ramp-up in subprime mortgages, with the similar characteristics of easy credit and potential defaults
Taipei, July 16, 2012 (CENS) -- Taiwan's Financial Supervisory Commission (FSC) has recently studied the feasibility of raising the default provision rate on normal lending (Category 1 loans) to 1% from the current 0.5% to enable domestic banks to better prepare for potential defaults
, with the new rate reportedly to become effective by the end of 2013 at the earliest, additional provisions set aside by banks estimated to be NT$67 billion (US$2.23 billion) in total.
Previously a subscription service, the improved version, now known as Life of Loan Association Surveillance (LOLAS[TM]), is a valuable safe guard when originating loans or modifying existing mortgages by virtue of warning servicers of potential defaults
before mortgage payments are actually missed.
- Capital calls planning strategies and potential defaults
Late last year, Watergate had sued Pavarini for fraud, charging that it failed to obtain insurance coverage for potential defaults
by subcontractors, even though it claimed that it did and had charged Waterscape some $200,000 in insurance premiums.
Last week banking group Credit Suisse said that there is a further chance that Dubai will still need to restructure debt but that fears over potential defaults
In a report that details Dubai's total indebtedness, Credit Suisse said that potential defaults
of Dubai World and Dubai Holding, considered to be Dubai's biggest debtors, are receding.
The emirate has demonstrated "very strong" capacity to service its debt obligations as implied by its AA/A-1+ ratings taking prompt action to counter economic cycles and cushioning its financial industry against potential defaults
"I guess there's some concern that although they haven't really started the repayments, there is a higher propensity for potential defaults
from other outside conditions," said Moon, a former SBA Utah district director.