bondholder

He got her to water down the idea that private bondholders must take a hit whenever countries get into trouble.

Bondholders who woke up to find themselves stockholders might sell their shares, and the shares of any other banks, aggravating contagion.

With shareholders wiped out by a default, the big question would be how much money bondholders could reasonably expect to recover.

A spokeswoman for the department of finance said the government intended to ask all bondholders to extend until May.

Ms. Merkel backed down on June 17, agreeing to ask bondholders only for a 'voluntary' contribution to the rescue of Greece.

Few Argentine politicians are prepared to pay the political cost of spending cuts or tax rises to pay off bondholders.

In the case of assignment of registered bonds, the company shall record the assignee's name and domicile on the record of bondholders.

It later emerges that those bondholders who voted against the restructuring made a lot of money from the company's demise.

For Japan, a swift restructuring under special legislation is better than a bail-out of bondholders that perpetuates perverse incentives.

Bondholders have a prior claim on a company's assets; if they are not going to be paid in full, then shareholders will not get a look-in.

The others were usually bondholders, who had to be satisfied with what was left after the banks had been paid.

To nobody's surprise, the bondholders are unhappy with their treatment, and appear ready to take their chances in bankruptcy court.

The restructuring fails , the company goes under and bondholders lose more than they would have done under the proposed deal .

This shifting of risk from bondholders was a bad idea in Ireland and generalizing it across the euro zone will not improve it.

The bondholders also said they would be interested in participating in a rescue financing package should Kodak pursue that, the person said.

Plan B acknowledges the need for debt relief, through some combination of a fiscal transfer and a contribution by bondholders.

S&P said the risk is rising that Greece will push its bondholders to accept a delay in the repayment of its bonds.

So the U. S. Treasury and a committee of bondholders reworked the proposal into something both sides could live with.

It said bondholders were likely to get back only 30-50% of their principal were Greece to restructure its debt or to default.

Such a move would see bondholders paid back but at a later date, something S& P says would amount to selective default.

THL began talking to the banks and bondholders about how to lighten Simmons's debt load, and put the company up for sale.

By 2015, for instance, Greece could not reduce its debt to a sustainable level even if it wiped out the remaining private bondholders.

That sort of detail would help taxpayers and bondholders to form views about future policy.

With an eye on future rescues, markets were especially concerned about the treatment of these banks' senior bondholders.

The bondholders know that the southern Europeans cannot get out of the mess through higher nominal growth.

Shares in the bank fell by 27% ahead of the announcement (bondholders continue to escape unscathed).

Germany is quietly pushing for Greece to sit down with its bondholders and discuss a delay in the maturity dates of its bonds.

Andrew Zivitz, a lawyer representing the bondholders, did not immediately return a call seeking comment.

GM said it had no other bidders, and the deal had also gained support from about 54 percent of GM's bondholders.

But in recent days, debt rating agencies warned any attempt to get bondholders to participate would represent a selective default.

Shareholders and long-term bondholders would have been wiped out before any public money had to be put in.

True, if GM were to enter the bankruptcy courts, as holders of unsecured debt the bondholders could be wiped out entirely.

However, the balance is likely to have declined since then and foreign bondholders could face difficulties accessing the onshore cash.

The Irish will toil for years to service rescue loans that, at Europe's insistence, pay off the bondholders of its defunct banks.

Rather they are expected to say they see viable futures for the companies, but only if management, union, and bondholders make sacrifices.

The latest rescue offers Greece cheap rates for up to 30 years, with a 50% haircut on private bondholders.

Bondholders would shun the debt of the departing country, and funding of budget deficits and maturing debt would be suspended.

This would allow losses to be imposed on all bondholders without their unanimous consent, provided a certain majority agreed.

GM is expected to give an update on its negotiations with thousands of unsecured bondholders as early as Wednesday.

The size of the eventual losses for bondholders may still be unknown, but there should be a single system for reporting them.

Mr Henderson insisted that for the offer to stand, bondholders representing more than 90% of the debt must accept by the end of May.

That will turn each crisis into a game of chicken as bondholders sell before they get penalised.

Lehman revised its plan after bondholders complained that it favored large bank creditors of the derivatives business over other creditors.

Ireland's bail-out last November can be traced to that moment; a debate on imposing losses on bank bondholders still rages.

The standoff between GM and its bondholders sets the stage for a bankruptcy filing, analysts have said.

The change leaves room for GM to sweeten its stock offer to bondholders to reduce the company's $27 billion in unsecured debt.

It created the idea that they were too big to fail and that their executives and bondholders would be protected from their own mistakes.

But bondholders have balked at proposals that they forgive debt in exchange for a 10 percent stake in a restructured company.

General Motors moved one step closer to bankruptcy on Wednesday as bondholders failed to agree on a debt for equity swap.

In its filing, Neo-China said it has 'sufficient financial resources' to repay the bondholders in full.

But the risk of a crash in the bond market means that bondholders may receive only a haircut.

The automaker faces objections and questions from its creditors committee, a group of dissenting bondholders and others.

That has limited the state's ability to force losses on the banks' bondholders and left the public finances in ruins.

Ireland's new government is talking about forcing the senior bondholders of its bust banks to take a hit.

However they are the last to receive money after the creditors, bondholders and preference shareholders are paid.

This would involve making permanent the temporary EFSF, while also demanding that bondholders take some of the pain.

It is no surprise that injecting cash into banks would increase the wealth of their shareholders and bondholders.

Rather, those Euros will be deployed to help spare senior bondholders on Irish debt from suffering harm.

Details of the debt restructuring are being worked out, and a formal offer to banks and bondholders is expected soon.

But with lenders and bondholders much more risk-averse than before, the era of "clean" restructurings appears to be over.

Like bondholders, the United Auto Workers union is being pressed to accept stock in a recapitalized GM in exchange for debt forgiveness.

Will those losses accrue to taxpayers, recipients of public services, equity investors, bondholders, domestic debtors or foreign creditors?

With equity investors already wiped out; the question is whether senior bondholders should share the burden.

In such an event, bond prices can be expected to rise, giving bondholders a capital gain.

It is because this write-down would be voluntary on the part of bondholders that hedge funds have found an opportunity.

Greek bondholders might be wise to check which type of contract they hold.

These covenants prevent companies from taking actions that would hurt bondholders and would protect investors if companies are sold.

GM wanted bondholders with 90% of the debt to accept the deal, but fell well short of that threshold.

It may be that by announcing the proposals early GM has left time for renegotiation with the bondholders.

Through the regulation of bond issuance, circulation, giving the basis to the bondholders'protection system.

Why aim for a timid haircut that gives bondholders such good terms compared with market discounts that are much bigger than 21 per cent?

That means that some pain will have to be inflicted on bondholders.

Credit-default swaps act like insurance, protecting bondholders in the event of a default.

HSBC has today reiterated its intention to stand behind bondholders in Household, even though its debts are non-recourse to the group.

Originally it demanded that bondholders should take a hit whenever a country received European rescue funds.

But in order to proceed, the proposal must be accepted by an overwhelming majority of 90% of bondholders by a deadline of 1 June.

Bondholders, who have been very forgiving of the printer of the world's chief reserve currency, greeted the tax deal by selling Treasuries.

Mr Trump and his daughter, Ivanka, recently quit the board after disagreeing with management and bondholders.

Popular sentiment wants bank shareholders, bondholders, and managers to pay before taxpayers pitch in.

One major sticking point, however, is the money owed to bondholders .

Some of those companies are involved in payment talks with bondholders.

Regulate corporate behavior, clear the responsibility of protection is the core of the bondholders.

'Negotiations will continue as they have' with bondholders and the United Auto Workers, Ms. Gibson said.

Bondholders have not been presented with new terms, a source familiar with GM's talks with bondholders said on Monday.

Bondholders everywhere are anticipating windfall gains, as the owners of gilts have enjoyed.

London is becoming a center of Islamic finance. And France recently proposed changes in finance laws to protect Islamic bondholders.

"Sovereign risk has supplanted regulatory risk as the primary focus of bank bondholders, " says Jonathan Glionna at Barclays Capital.

Niall Ferguson and Jeffrey Sachs: Impose haircuts on bondholders and counter parties prior to using taxpayer money in bailouts.

Obviously, that makes extra debt service more burdensome--and also makes both bondholders and taxpayers more reluctant.

Bear Stearns bondholders were made whole and its stockholders lost most of their money.

Activist shareholders are now competing against activist bondholders.

To date, the bondholders have been tough negotiators, complaining that they are being unfairly treated.

Standing in the way of restructuring outside of the bankruptcy courts are GM's aggrieved bondholders.

Bondholders want a greater cushion beneath them in the capital structure to protect them against losses.

Asian policymakers are entitled to look askance at foreign bondholders.

This could involve private bondholders agreeing to roll Greece's debts over and governments helping Greece buy back its bonds.

Should bondholders decide to convert the convertible bond that Gold One has in issue, this would dilute the consortium's holding.

Its bondholders eventually took over the stake in GE SeaCo through a new company.

Legally, the owners of this stock stand next in line to the bondholders in getting paid.

This should not end up as just another rescue package for bondholders and shareholders.

Critics of the government's involvement maintain that bondholders have been punished, union workers coddled and laws flouted in the process.

Ordinarily, bondholders are better protected from losses than stock investors.

As a result, they cannot guarantee to the bondholders that they will always have the necessary liquidity to pay out the bond at maturity.

In the Appendix to the note we provided a detailed analysis of the value of both options for bondholders.

We assume bondholders will only have access to 50 per cent of these assets in the base case and 30 per cent in the downside case ". "

The agents were more interested in maximising fee income than in protecting the interests of bondholders.

Even if one makes the unlikely assumption that bondholders recover nothing after default, prices suggest a 25% default rate over five years.

GM's bondholders are resisting its push to cut its unsecured debt by two-thirds, a condition of the bail-out.

In the past, Chinese companies have been restricted from using domestic loans to redeem foreign bondholders.

Withholding a $10m payment should trigger notices of default from its bondholders.

Such swaps are like insurance policies; bondholders buy them to protect themselves from default on various forms of debt.

He says the bondholders are buying a share of a business or property.

But officials were making little progress with bondholders in talks stretching into the evening.

Bondholders usually recover some proportion of their holdings.

Bondholders would have a say in how the money is spent.

Many bondholders would never sell into the market, as this would force them to crystallise losses.

When inflation rises, for instance, bondholders will expect a higher nominal interest rate on new debt.

The delayed earnings report, it said, would likely force some bondholders to issue default notices.

Bio-Treat bondholders, includingCitigroup Inc. , ended up taking a haircut.

To avoid defaulting on U. S. government debt, the Treasury would probably make a $29 billion interest payment to bondholders on Aug.

One thing's for sure: If Fitch is right, it will mainly be a problem only for domestic bondholders.

Supreme Court ruling paved the way, ruling against some bondholders ' blocking of the sale.

In fact, a plan to bail out the carmakers would benefit shareholders and bondholders as much as anybody else.

The combative Mr Correa has treated his former supporters little better than he does foreign bondholders.

But GM Bondholders Unite, which represents some individual investors who bought GM's bonds, still plans to fight the reorganisation plan.

The first is legal: bondholders rank above compensation claims in power company insolvencies.

The bondholders of insolvent banks are being protected at the expense of taxpayers.

Bank debt stayed under pressure amid concerns that bondholders may be forced to accept losses.

JAL shareholders, bondholders and lenders booked hefty losses.

Litigation with the bondholders continues to this day.

A third is the mood of creditor countries such as Germany, which have been insisting on a "substantial" contribution by private bondholders.

The other, which could run in parallel, would guarantee against losses by bondholders.

The plan to prioritize payments to bondholders was reported earlier by Bloomberg News.

That would force the government to choose between paying its bondholders and its pensioners.

Bondholders would suffer losses from devaluation.

The banks that lent to them should similarly suffer consequences, as should the bondholders who provided those banks with funds.

And lenders fear lawsuits from mortgage bondholders if they start writing down loan values.

Inflation eats into bondholders' returns by eroding the value of their returns over time.

Falling prices may have helped the government by providing its bondholders with invisible gains, but in other ways deflation is a menace.

Optimally , bondholders would be wiped out, too .

But it almost certainly has to happen -- and bondholders will need to take a substantial loss.

Bondholders will be handed new CIT debt worth about 70% of the face value of their old paper.

This structure carries several risks for bondholders.

But before burning the Greek bondholders, Europe needs a proper firewall.

In this case, it will be the taxpayer that foots the bill, rather than the original bondholders that made the wrong investment decisions.

Bailing out the US banks need not have meant bailing out the bankers, their shareholders, and bondholders.

Meanwhile, bondholders' taxes will rise.

This commits the government to ensuring bondholders will never contribute to compensation costs through haircuts.

A new market would also ensure that private bondholders bore the risk and responsibility for their investment decisions.

If a bank's shortfalls wipe out equity and subordinated debt, either taxpayers or bondholders must absorb any further losses.

If AIG can't raise enough cash by selling assets, bondholders won't be fully repaid.

Nations have piled up too much debt and have trouble paying back their bondholders.

Bondholders have first claim on the corporate sector's cashflow and shareholders take what is left.

This is bad news for bondholders. Quite apart from lower demand from Chinese (or Japanese) reserve building, it means higher inflation.

In both cases, some bondholders owned CDS and stood to gain more by bankruptcy than by reorganisation.

Foreign bondholders?

This Article applies only to bondholders who have been paid in full.

The EU also negotiated a plan with bondholders to write down the value of the Greek debt they hold by 50 percent.

The government has warned that if fewer than 90 per cent of bondholders decide to participate, the debt swaps may be cancelled altogether.

The bondholders include First Reserve, the US-based private equity group, and Zijin Mining Group, the Chinese miner.

GM is looking to launch a debt-for-equity swap with bondholders by Friday.

The plan required 90% of existing bondholders to sign on to the plan.

The automaker set a May 26 deadline for its bondholders to reach a restructuring agreement.

MF's bondholders should be careful what they wish for.

They've gone to the bondholders, they've gone to their own employees, they've gone to the union.

Nor, in most countries, should fear of bondholders lead to sudden fiscal austerity.

Third, many of Tepco's bondholders are banks, and some worry that restructuring would threaten financial stability.

If a restructuring is to take place, how could it be best designed to incentivise bondholders to monitor default risk in the future?

In addition, bondholders typically get some money back following a default.

The downgrades follow from Germany's insistence that private-sector bondholders play a part in a Greek bailout now under negotiation.

Three arguments for the government's zeal to make bondholders whole can all be refuted.

The implication some are drawing from the Asia Aluminum case is that Chinese companies don't care much about bondholders.

Its bondholders alone stand to lose more than $575 million.

Even if $1. 18bn has been spent on timber acquisitions, that does not mean bondholders will have access to them.

Even senior bondholders, who are high in the pecking order, were hit.

General Motors and Chrysler are negotiating with their lenders and bondholders to reduce their debt in order to avoid bankruptcy.

All existing bondholders will be protected until 2013.

Private bondholders are served notice that they will be at risk from mid-2013 when the new regime comes into force.

But we already have some and the bail-outs of Greek, Irish and Portuguese bondholders broke them.

Even if he makes it past 2012, he will eventually either have to change his policies or deny bondholders what they are owed.

But first short-term bondholders have to accept its tender offer of 82. 5 cents on the dollar.

It will drop to 27 per cent after dilution caused by bondholders converting their debt into common equity.

The Greek government has kept mum about how many bondholders actually signed up.

For each $1, 000 of loan notes, bondholders would get 225 shares, worth little more than $550 at today's market price.

Besides not yet achieving concessions from the UAW and bondholders, predicting future auto demand is also a big challenge for the team.

How easy is it for bondholders to observe what equity investors are doing?

The answer probably depends on how many of Nakheel's bondholders insist on timely repayment on December 14th.

Bondholders smell an unsavoury deal cooked up between the UAW and Barack Obama, who had the union's support in last year's election.

Under a new restructured GM the bondholders would get 10 percent of equity with warrants to buy an extra 15 percent.

Very few bondholders had agreed to the debt swap as of Tuesday afternoon, a person familiar with the exchange said.

In California, for example, only schools can be paid ahead of bondholders.

The UAW's trust will have 17. 5% and the bondholders 10%.

GM's unions will take 17. 5% and bondholders 10%.

But the government stood firm and roughly three-quarters of the bondholders took part in a debt exchange in 2005.

If a company has issued bonds, it shall maintain a record of bondholders.

have private bondholders pay at least a share of the losses but without triggering default clauses and credit default swap claims;

third, because these countries have active central banks, bondholders suffer no significant liquidity risk;

bondholders will take a loss to reflect the firm's current difficulties,

The filing says that once its bondholders and the union have been paid off, it would unleash a 1-for-100 reverse stock split;

the pain demanded of private bondholders has steadily mounted

as bondholders worry that they might not be paid on time or in full

Burning bridges or burning bondholders

lack of relief measures to the bondholders;

CIT Bondholders Agree to Provide $3 Billion in Emergency Funds