© Copyright 2012, vLex. All Rights Reserved.
- Language
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
commercial paper issuance
More than 10.000 documents for commercial paper issuance
-
Since its inception in the early nineteenth century, the U.S. commercial paper market has grown to become a key source of short-term funding for major businesses, with issuance averaging over $100 billion per day. In the fall of 2008, the commercial paper market achieved national prominence when increasing market stress caused some to fear that, given its size and importance, the market's failure would sharply worsen the recession. The Department of the Treasury and Federal Reserve enacted programs targeted at providing credit and liquidity to restore investor confidence. The authors review the history of the commercial paper market, describe its structure and key relationships to money market mutual funds, and present a detailed discussion of the crisis in the market, including the res...
-
I've been reading about SIVs structured investment vehicles and heard them described as off-balance-sheet funds. What is an SIV exactly? Are these similar to the financial structures Enron created before its big collapse? In layman's terms, an SIV, or "structured investment vehicle" is nothing more than a vehicle that borrows short and invests long. It is structured via creation of an entity, commonly by a bank, that buys long-term assets and finances them by issuing short-term commercial paper (CP). Money is handled through the issuance of commercial paper. The structures of SIVs can vary depending on the goals of the investments, but they all are based on asset-backed securities (ABS). This means that the money is in mortgages, credit cards, student loans and other similar products.
-
... of short-term notes commonly known as commercial paper, which is a recognized form of financing for...
-
Fitch Ratings has assigned a senior unsecured rating of 'AA-' to Oklahoma Gas & Electric's $200 million issuance of 6.45 percent senior notes due Feb. 1, 2038. Proceeds from the issuance will be used to repay commercial paper borrowings incurred to fund, in part, the construction of a wind farm and for general corporate purposes. The rating outlook is stable.
-
...made to redeem, prior to maturity, commercial paper it had issued. It argues that Enron Corp.'... offering memoranda that accompanied the issuance of the commercial paper provided that the "Note...
-
... BRL3 billion commercial paper first issuance (Notas Promissorias Comerciais da Primeira Emissao...
-
...-family residential mortgage loans to commercial mortgage loans, from private-label mortgage-backed..., hedge funds or asset-backed commercial paper vehicles the issuance of commercial paper at the ...
-
... had previously been netted against commercial revenue to selling, general and administrative exp... approximately $727.4 million of commercial paper borrowings; and -- capital expenditures of approxi..., net (727,384) (1,529,807) Proceeds from issuance of debt, net of debt issuance costs - 1,428,852 Re...
-
... mortgage obligations (``CMOs''), and commercial mortgage-backed securities (``CMBS''). The asset-b... short- term instruments such as commercial paper \13\ and/or repurchase agreements.\14\ The Fund ma... daily average commercial paper market issuance in 2010 was $84.343 billion, with 65% having a mat...
-
... had previously been netted against commercial revenue to selling, general and administrative exp... agreements and repayment of all commercial paper borrowings. . For the nine months ended September ...approximately $264.4 million; . -- the issuance of 7.125% senior notes, which mature in September ...
