Sentence examples for offering of bonds from inspiring English sources
The mayor suggested that the city take the money it expects as its share of the national tobacco settlement -- more than $300 million over the next 25 years -- and use it to finance an offering of bonds.
In the United States, however, a more prevalent means of selling state and local bonds is through competitive bidding, in which the issuer announces a contemplated offering of bonds for a designated amount, with specified maturity dates, and for certain purposes.
In December Argentina tried to reduce that drain by offering holders of bonds due for repayment new securities that mature in 2024.
First US public offering of solar bonds: can crowdfunding take clean energy to the next level?
That happened in a $500 million offering of convertible bonds last February by Exodus Communications.
So the news that California-based SolarCity launched the first public offering of solar bonds last week likely piqued the interest of sustainability-minded investors seeking more stability.
France Télécom raised just 6.3 billion euros ($5.9 billion) by offering 13percentt of Orange to the public, less than half what it had initially expected, though a companion offering of convertible bonds was greeted more warmly and raised 2.7 billion euros ($2.5 billion).
Lehman received $250,000 a month in those proceedings, according to court filings, but the court sided with trustees that argued that Lehman had a conflict of interest because it had "numerous holdings of Federated securities" and had been the lead manager in a $200 million offering of Federated bonds.
A number of shocks hit the system: the stock of Union Pacific among the most common stocks used as collateral fell 50 points; that June an offering of New York City bonds failed; in July the copper market collapsed; in August the Standard Oil Company was fined $29 million for antitrust violations.
The company turned to the financial markets to raise cash for its expansion, first by listing its stock in 1990 and then by offering a series of bonds.
Through its new direct investment website, SolarCity is offering a range of bonds – starting at $1,000 – that mature in one to seven years and pay up to 4% interest out of income from SolarCity's projects.
