9 times the country's short-term external debt based on original maturity
9 times the countrys short-term external debt based on original maturity
Under the terms of the amendment, the company has extended the original maturity
date of 1 June 2017 plus the long-term repayment schedule.
Tetangco said it is also equivalent to six times the country's short-term external debt based on original maturity
The Sukuk, issued in December 2009 with an original maturity
of ten years (due 2019), are callable in December 2014.
The tranche related to the FSO Asia (part of the same facility) will continue to run until its original maturity
9bn of loans that have an original maturity
date beyond 2013 are also currently delinquent, including USD 16.
Summary: DUBAI - National Bank of Fujairah, or NBF, announced that it has repaid its Dh643 million subordinated loan to the UAE Ministry of Finance in full and ahead of its original maturity
date of 2016, having received all necessary approvals from the country's Central Bank and Ministry of Finance.
55bn has now been extended to September 2013, while the original maturity
date was in September 2011.
Under the plan, all of the credits related to the regular business are to be protected; all flight tickets will be used as usual; leasing fees under the Aircraft Leasing agreements will be paid as usual; there will be no changes to frequent flyer mileage; and flight coupons issued to shareholders will be valid until the original maturity
modifying the credit conversion factor for various commitments, including those with an original maturity
of less than one year;
The company argued that the buyer did not have the cash to pay the note on the original maturity