Under a contingent guarantee provided by the sponsors, SCP's weak financial condition potentially exposes investors to the declaration of a technical event of default and an acceleration by the IFC; the unstructured unsecured bonds
rank pari passu with the certificates and contain cross-default provisions.
REIT Unsecured bond
issuance volume and terms have improved materially, with 62% of $6.
Financing alternatives to the unsecured bond
market such as secured term facilities may also become more prevalent if new unsecured bond
issuance pricing remains unattractive.
AS) has set pricing on its euro- denominated, benchmark-size, senior unsecured bond
in the area of 225 basis points over mid-swaps.
XE) is set to price its EUR500m, senior unsecured bond
, maturing on August 2015, at 200 basis points over mid-swaps.
VX) were book runners for the senior unsecured bond
, which is rated 'BBB+' by Fitch Ratings and 'A2' by Moody's Investors Service, both with a stable outlook.
firms with at least $500 million in high yield bonds outstanding finds that, during 2006, loans grew at 28% - more than three times (3x) the 9% rate of growth of unsecured bond
Global Banking News-January 4, 2012--Nordea Bank plans senior unsecured bond
issuance(C)2012 ENPublishing - http://www.
However, with a pool of collateral available for covered bond issuance at EUR3bn, and retail bond issues up to EUR700m, the bank could source the funds without resorting to a senior unsecured bond
issuance, the bank said.
Approximately 60% of the Recovery Rating changes over the August 2005-September 2006 period occurred among unsecured bond
issues where downgrades slightly exceeded upgrades.
announced today receipt of subscriptions for the first tranche, in aggregate principal amount of USD 25 million, of a new senior unsecured bond
loan ("the Bond Loan") in a private placement primarily to institutional and professional investors in Norway and other selected countries in Europe ("the Bond Issue").
Svenska Handelsbanken is planning a five-year, dollar-denominated benchmark senior unsecured bond