Each year NIPSCO filed IRS Forms 1042 and 1042S reporting its interest payments to Finance, but excluding Finance's interest payments to the Euronote holders.
the Euronote holders) and another person receives money (the "financed entity," in tiffs case, NIPSCO), if the advance or receipt are effected through an intermediate entity (Finance), and there are financing transactions linking the financing entity, the intermediate entity, and the financed entity.
For example, in June 1996 the City of New York issued approximately $165 million of Euronotes
in London which were U.
Payments of interest and principal on the euronotes
will be made in US dollars based on the prevailing CLP/USD foreign exchange rate.
The continued rise of attractive financing alternatives in the Eurobond and Euronote
markets, prompted by the removal of withholding taxes on interest payments to foreigners in mid-1984 and the sharp decline in medium- and long-term borrowing rates, was an additional factor reducing the role of syndicated bank loans as a major source of credit in international markets.
corporations' drawings in the Euronote
market through Euronote
facilities (ENF's), which are shot- and medium-term note issuance arrangements operated primarily by banks.
The A3 rating on GIB's SAR3,500 million Floating Rate Euronotes
, due 2015, issued by the bank's Saudi branch
We were on our way to the great scandal of the bailout of Continental Illinois, where in effect all the money expended by the FDIC went to giant foreign depositors and anonymous holders of Euronotes
issued in tax-shelter locales like the Netherlands Antilles.
Euro medium-term notes (MTNs) are Euronotes
, usually with at least a one-year maturity, issued directly to the market and offered continuously rather than all at once, like a bond issue.
dollar (US$) floating-rate euronotes
issued by PFL reflect:
A- BBB+ -- $428 taxable global facilities bonds A- BBB+ CONTACT: Martin D Arrick, 212/208-1899 David G Hitchcock, 212/208-1838 Todd Whitestone, 212/208-1888 For more information on criteria or subscriptions: http://www.
MELBOURNE, Australia--(BUSINESS WIRE)--Standard & Poor's CreditWire 7/22/97--Standard & Poor's today has assigned its double-'A'-minus credit rating to the Y10 billion guaranteed Euronotes
issued by the Korea Industrial Leasing Co.