The phrase "assets proceeds" is not correct in standard written English.
It seems to be a conflation of two terms, "assets" and "proceeds," which should be used separately or in a more structured phrase.
Example: "The proceeds from the sale of the assets will be reinvested into the company."
Alternatives: "asset sales revenue" or "proceeds from assets".
In the meantime, ING's asset proceeds will naturally go towards raising its capital reserves, and also compensating for further impairments to its property portfolio.
On Wednesday, the ratings agency Fitch said that Repsol's L.N.G. divestment "improves Repsol's credit metrics, but any positive rating action is dependent on the post-tax asset disposal proceeds of approximately €2.7 billion being fully utilized to reduce financial indebtedness".
ip will use the asset-sale proceeds to pay down debt and buy back shares.
Reed has used asset-sales proceeds to reduce total debt 60% of current shareholder equity, compared with the sector average of 90%–and to exit unprofitable entertainment ventures, including film production and a Christian music Internet portal.
Fidelity Investments, with more than $675 billion in total managed assets, is proceeding to open end its Fidelity Advisor Emerging Asia Fund (FAE) because the fund has been trading at an average 15% discount over the past year.
"In Moody's opinion, downward rating pressure will persist until the company is able to stabilize revenue, reduce its cost structure and apply cash flow and asset sale proceeds toward debt reduction, such that credit metrics show improvement from current levels," said John Puchalla, a Moody's senior analyst.
A new proposal is the possible use of asset seizure as a punishment in its own right, irrespective of whether the assets are the proceeds of crime.
As such, BP does not currently plan to divest additional assets to offset proceeds which would have been received from the PAE transaction.
Forstmann's fund formally expires on June 30 , 2012 and it is contractually required to sell the assets and return proceeds to its limited partners by then.
Activist funds such as Laxey, Carrousel and QVT Financial have been trying to force a number of Aim-listed property funds to sell assets and return proceeds to shareholders.
