The financing received under this pure debt
credit line is secured by certain ERF Wireless assets and there is no prepayment penalty, the company said.
Colombia's creditworthiness is backed by its record of macroeconomic stability, brisk liability management, pure debt
service record, comparatively conservative fiscal policies and greater institutional strength in comparison to peers, Fitch explained.
The dashed line lists the payoff for the pure debt and equity case.
Over the range of 0.6 to 1.26, the payoff for the general capital structure case has a similar shape to that of the pure debt and equity case.
Correlation coefficients consistently show that straight noninvestment-grade bonds trade nearly as much like stocks as pure debt
The new partnerships are seen as a quick result of Kenya's desire to shift away from pure debt
financing with the new emphasis being placed on Public-Private Partnerships and the need to explore innovative off-balance sheet financing for the country's infrastructure needs.
Lending under corporate finance ranges from pure debt
products such as short to long term debt and trade related financing.
If Singh is not convinced about buying pure debt
instruments, he could choose balanced funds, such as HDFC Prudence, which offer a mix of equity and debt.
Uhuru's talks are also expected to advance Kenya shift from pure debt
financing to embrace Private Public Partnerships.