between 5 and 8 and * its EBITDA / Total Debt around 30-35% Although not quite as conservative as other UK firms (with Equity/Assets ratios of 42%)‚ it was successful in achieving these goals and retaining a credit rating of A+ (a rough average of Guinness’ AA and Grand Met’s A ratings) by re-levering the firm via * issuance of debt to repurchase and retire shares in fiscal years 1998 and then again in 1999 * and ensuring that cost of capital was managed down at each country level in
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I. CREDIT OVERVIEW Credit is derived from the Latin word “credo” meaning “I believe.” Credit is when goods‚ services‚ or money is received in exchange for a promise to pay a definite sum of money at a future date. The lender “trusts” the borrower to repay the money. A lender is the person or organization who has the resources to provide the individual with a loan. A borrower is the person or organization that is receiving the money from the lender. When the privilege of borrowing has been extended
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of debt. * On the other hand‚ it could also be an indication of not being able to identify or take advantage of new growth opportunities. 4. Factors important to credit and bondholders in analyzing UST? What credit rating would you assign to for a moderate addition of debt? Factors that may be important to credit and bondholders are * Brand name and market position - Superior * Ability to generate cash flows - Superior * Cyclicality of revenues - Superior *
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Introduction – What is Letter of Credit 4 4.2 Parties to Letter of Credit 5 4.3 Should Letter of Credit be chosen as the Payment Method? 6 4.4 Types of Letter of Credit 6 4.4.1 Irrevocable 7 4.4.2 Unconfirmed 7 4.4.3 Confirmed 7 4.4.4 Standby Letter of Credit 7 4.4.5 Revolving Letter of Credit 8 4.4.6 Transferable Letter of Credit 9 4.4.7 Back to Back Letter of Credit 9 4.5 Documents Required By Letter of Credit 9 4.6 Governing Rules under Letter of Credit 10 4.6.1 Uniform Commercial Code
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NA Credit card has undoubtedly made our lives easy but it is important that you use credit cards in the right way so that you can make the most of it without getting caught in the credit trap. All you have to do is to keep a track of your purchases‚ remember you payment cycles‚ try to settle full credit card payments at the end of every month‚ avoid spending in excess and carry your cards cautiously. If handled properly‚ credit cards can serve to be very convenient but they can also lead you to a
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organizational set up of mutual funds? 2. Explain offshore funds and money market mutual funds? 3. What is NAV? How is it benefits the investors? 4. Explain credit rating system? And its use? 5. Explain the various processes involved in credit rating agencies? 6. What are the benefits of CRA’s? Who are the beneficiaries of the rating services? Part – B 1. Explain the concept of mutual fund and its types? 2. Write note on the evolution and development of mutual fund industry in India? Unit
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PUBLIC SPEAKING Topic: The using credit card General purpose: To Persuade. Specific purpose: To persuade my audience about the using credit card Central idea : To persuade my audience about the benefits The benefits of using credit card Introduction: American Express‚ MasterCard and Visa Card are the more popular credit cards in Malaysia. With a credit card in hand‚ you can make purchases today and pay later‚ Body: 1) It makes shopping easy -
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seven. In addition to profits‚ driven by sales‚ the investors and board will expect results relating to stock price‚ credit rating‚ and image rating. The management team will continue to balance these areas. For example‚ we have adjusted investments directed at corporate responsibility‚ the environment‚ and employee interests. In the financial area‚ management will ensure that credit does not drain on cash flow‚ and that shares outstanding are at the appropriate level. We feel that currently‚ the dividends
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backing of the bond and in addition to the priority rights of the bondholders generally ensures that the bond can be sold with a high credit rating such as AAA. In contrast‚ the FI‚ when evaluated as a whole‚ could be rated BBB or even lower. A high credit rating results in lower coupon payments than would be required if significant default risk had lowered the credit rating. Example: Consider an FI with $20 in LT mortgages as assets. It is financing these mortgages with $10m in ST uninsured deposits
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sINTRODUCTION What are Carbon Credits? A carbon credit (often called a carbon offset) is a financial instrument that represents a tonne of CO2 (carbon dioxide) or CO2e (carbon dioxide equivalent gases) removed or reduced from the atmosphere from an emission reduction project‚ which can be used‚ by governments‚ industry or private individuals to offset damaging carbon emissions that they are generating. How are Carbon Credits used? Carbon credits are associated with either removing existing CO2 or
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