Exact(13)
Financial markets are asset markets: that is, they are markets for streams of payments spread out over time.
So far, Dublin has said it will have to pump up to €25 billion into the lender, with payments spread out over at least a decade.
The system can guarantee prices for producers and a premium for social projects, but it can't ensure that those who receive these payments spread the benefits.
An IVA will see part of the debt written off, interest frozen and payments spread out so they are more manageable.
It would be far better to offer loan payments spread over a longer time, lower interest rates or a well-designed program to forgive loans if graduates go into lower-paying lines of work like academia or public service.
In an effort to settle the matter last week, Yukos offered $1.17 billion -- one-third of the total claim for 2000 -- in payments spread over two years, and to reimburse the tax ministry for its legal costs.
Similar(47)
Bloomberg reports that the derivatives reduced current interest payments, spreading them out over periods as long as 30 years.
Restructuring can take many forms, but generally involves extending the term of the loan so you have longer to pay (and thus make lower monthly payments), spreading delinquent payment of several years, and/or lowering the interest rate on the loan.
"Monaco had given us the all-clear for the sale at €40m with payment spread over two years, €20m and €20m.
The payments are spread over a few years and are based on "meaningful use" of "certified" records, although Congress left defining those terms to the Department of Health and Human Services.
An investigation of such payments has spread to at least six countries and forced the company to review 420 million euros ($544 million) in payments, and has put pressure on Siemens to explain how the suspected system of bribes went unchecked by top management.
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