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He eventually acquired control of $630 million in face amount of the bond issue.
That valuation is a third less than the face amount of Station's senior debt.
But no, I think I'd rather pay more than double the face amount for a short-term $500 loan".
I read recently that the $200 billion of face amount in telecom bonds are trading at around $44 billion.
Mr. Herzfeld's fund holds $165,000 in face amount of Cuba's sovereign debt, known as "Batista bonds".
A beneficiary may take a lump sum settlement of the face amount upon the death of the insured.
Similar(26)
Last month, the company began a bond swap, offering investors preferred shares in return for their accepting lower face amounts on their bonds.
It would be able to buy Greek government bonds on the secondary market, effectively reducing the Greek national debt since Greece would owe what the bonds cost the E.F.S.F., not the higher face amounts.
For some, the volte-face amounts to a cynical ploy by a government facing its first test at the ballot box since assuming power last October.
Therefore, it will be a pretty major leap for the medicine, the human health, and the environment to use "green" chemistry into the pharmaceutical industry, although facing amounts of difficulties.
Brooklyn and the Bronx both have charitable bail funds, which use donations to bail out misdemeanor defendants facing amounts up to $2,000.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com