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That raises questions about whether some large European banks are having trouble refinancing assets in the United States, a problem disturbingly reminiscent of the 2008 financial crisis.
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Another McCourt maneuver involves financing and refinancing their assets.
Refinancing your assets can be a great way to bring in extra working capital when required.
One option might be a new lending facility, operated by the European Central Bank but with the explicit backing of euro zone governments, to help refinance illiquid assets, it said.
The election was not viewed as a referendum on Mr. Corzine, a Democrat who enjoys close to 50percentt approval ratings despite unease about his plan to refinance state assets like the New Jersey Turnpike.
The core of Ponzi finance is not fraud; it is a scheme that rests on making payments on a financial contract by refinancing or selling assets based on the expectation that those assets' prices will rise indefinitely.
After stabilization, the partnership has many options: The partnership may refinance the asset with long-term debt and hold the asset.
Finally, higher-income Americans have been able to take advantage of the low cost of capital created by the Fed soaking up hundreds of billions of dollars of assets, by refinancing their homes, buying rental properties or expanding family businesses.
It built a franchise refinancing student loans for asset-poor but high-potential graduates of top universities, whom it sees as good credit risks.
Plymouth Energy Community Renewables 2016, promising 6% interest "to keep their completed 4.1MW array as a long-term community-owned asset, by refinancing it, with a combination of a loan from Plymouth city council and community shares".
The central bank also announced changes to refinancing operations whereby lower-rated assets offered as collateral for funds at the central bank would be eligible for less financing.
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