The guarantee will remain a credit concern until the debt is permanently refinanced, which is expected when the apartment tower reaches a stable level of occupancy.
If we "refinanced" his loan so that we paid off that loan and he owes us the money at a lower rate say 4% because he can't refinance the student loan, will there be tax consequences? ❋ Unknown (2011)
One Essex school faced a hefty bill when it renewed a photocopier lease, after the previous balance was refinanced, compounding the interest. ❋ Unknown (2011)
Borrowers that didn't renew their bank guarantees generally either refinanced their variable-rate bonds into fixed-rate debt or into variable-rate debt without a guarantee, or received a direct loan from a bank. ❋ Michael Corkery (2011)
BTW, after refinancing to the 5 year, rates dropped again, and I refinanced again. ❋ Unknown (2009)
The house that had been hers before the marriage they were married later in life had been refinanced about halfway through their nuptials. ❋ Susan Pease Gadoua (2011)
Bankers say the money Indian firms had raised for acquisitions and other investments were relatively short-term loans that have to be refinanced with long-term loans. ❋ Sneha Shah (2011)
Net interest income dropped to $256.4 million, primarily due to the low market-interest rates that resulted in lower yields on mortgage-related interest-earning assets as customers refinanced to lower mortgage rates and new loans and asset purchases were at the current low market interest rates. ❋ Melodie Warner (2011)
Though it has cut costs and refinanced debt, it has struggled to turn revenue around. ❋ Tess Stynes (2011)
Early this year, with municipal-bond prices tumbling amid worries of defaults, analysts raised fears over tens of billions of dollars worth of bonds that would need to be refinanced if banks didn't renew letters of credit issued during the financial crisis. ❋ Michael Corkery (2011)
Recently, it refinanced GBP3.5 billion of debt, converting term loans to senior debt and expanding its revolving credit facility. ❋ Bijou George (2011)
Which, again, is cold comfort for someone who bought (or perhaps refinanced) in Phoenix instead of Cleveland since about November of 2004. ❋ Unknown (2009)
In December, Novelis Inc. refinanced a term loan of $1.5 billion with a lower coupon of 3 percentage points over the London interbank offering rate or Libor. ❋ Sneha Shah (2011)
Rising interest rates actually could be beneficial for fixed-rate loans that need to be refinanced over the next few years, according to Lisa Macedo , senior analyst on Moody's CMBS team. ❋ William Boston (2011)
The Perris Union High School District east of Los Angeles, which has 10,000 students, probably would have to pay an annual interest rate of as much as 6% if it refinanced, said Candace Reines , an assistant superintendent. ❋ Michael Corkery (2011)
The loan may eventually be refinanced with the help of the sale of other securities. ❋ Randall Smith (2011)
Many sold debt in anticipation of capital needs, refinanced outstanding debt at a lower rate and padded cash piles by taking advantage of extremely low financing costs. ❋ Kellie Geressy-Nilsen (2011)
To generate cash to cover the principal—which will come due on his mother's death—Mr. Royal refinanced his mortgage. ❋ Anne Tergesen (2011)
