Perhaps material surrounding a white dwarf can absorb X-rays, or
accreting white dwarfs might emit most of their energy at other wavelengths.
Transferred material from one star in the binary system will form a disc with some of it 'gobbled up' by the
accreting star.
The measurements show a ring-like emission from sublimating dust grains, and its radius yields insights into the shape and geometry of the accreting material around the black hole in these galactic centers.
The new, more sensitive observations of four galaxies have led to a much clearer picture of what is being resolved - a ring-like emission of dust grains, co-existing in the accreting gas, which are hot enough to be sublimating.
The terms of the senior
accreting notes to be issued by CIH will contain the same cash interest conversion dates as the existing Charter Holdings notes.
The report explores the implications, if any, for Fitch's rating process for synthetic CDOs in light of the emergent standardization issues including: restructuring as a credit event; obligation acceleration and repudiation/moratorium as credit events; convertibles, exchangeables and
accreting obligations as deliverable obligations and the successor as the resulting reference entity.
4 billion aggregate principal amount at maturity of its Contingent Zero-Coupon
Accreting Redeemable Securities(SM) (CZARS)(SM) (Convertible Senior Notes) due 2021 (the "CZARS") that were validly tendered as of the close of business on Monday, August 5, 2002, in accordance with the terms of the indenture governing the CZARS.
The memorandum to members has been published in advance of the forthcoming "Supplement Relating to Convertible, Exchangeable or
Accreting Obligations", recently distributed to ISDA's Credit Derivatives Market Practice Committee, which will deal more extensively with these issues.
The notes ceased
accreting interest as of that time and now entitle holders to receive the conversion shares.
As of July 1, 1998, investors will begin earning cash interest at the original yield rather than continue
accreting principal.
Key credit measures are expected to remain weak over the intermediate term, although
accreting debt and subordinated notes issued to News Corp.
The transaction, when closed on schedule, will begin generating income for GIFS in the second quarter,
accreting over 43 cents per share to GIFS bottom line in 1997 and over 58 cents per share for the 9 years, thereafter.
