Bond debt

In July, Thomas Cook disclosed a recapitalisation plan with its largest shareholder, China-based Fosun Tourism Group, and a circle of lending banks, under which "a significant amount" of the leisure company's GBP 650 million bank debt and GBP 1.15 billion bond debt is to be converted into equity.

Since 2000, the state's unfunded pension liability and bond debt have grown more than 600% to more than $168 billion, according to a copy of the complaint.

Summary: The Central Bank is preparing a bond debt replacement in Lebanese currency with a lower interest rate that would cut debt servicing by between LL1.1 trillion and LL900 billion ($733 million and $600 million) as part of efforts to reduce the budget deficit, sources told The Daily Star Wednesday.

STRONG FINANCIAL STRUCTURE: Fitch's cash flow modeling demonstrates that the state revolving fund (SRF) program can continue to pay bond debt service even if there were loan defaults in excess of Fitch's 'AAA' liability default hurdle.

In an unrelated measure, City Council members approved the sale of up to $6 million in bond debt for the purposes of financing and funding a portion of the cost of the Omni Convention Center Hotel and related improvements near the new Metropolitan Area Projects convention center.

The transaction will include GBP 63m of index-linked bond debt from Pension Insurance Corp., split across two debt tranches of GBP 44.9m and GBP 18.1m, with debt tenors of 44 years and 37 years respectively.

"To put this into perspective, Moody's notes that the latent value of Bharti's stake in Bharti Infratel represented around 82 per cent of its bank and bond debt of Rs 61,400 crore as of March 2016," it said.

A State of Mississippi bond issue set to close in mid February will raise the state's bond debt to $4.17 billion, Treasurer Lynn Fitch told legislators last week.

Moody's says that these developments mean that the bank and bond debt

Dubai: Middle East investment grade companies face refinancing needs of about $91 billion (Dh334 billion) from bank and bond debt due to mature over the next four years.

According to Moody's Investors Service, Middle East investment grade companies face refinancing needs of about $91 billion from bank and bond debt due to mature over the next four years.