Since the displacement of fossil fuels by wind generation is largely responsible for the lower energy costs, the most important reductions in costs associated with deferrable
demand are from lower capacity costs (due to moving demand from peak to off-peak periods), and from purchasing less gasoline.
Finally, the company will redeem on 30 June 2012 the floating-rate junior subordinated deferrable
interest debentures issued on 22 July 2004 by GB&T Bancshares Inc.
Leucadia National Corporation (NYSE: LUK) said on Tuesday that it intends to call for redemption on 15 March 2012 all of the aggregate principal amount outstanding of its 7-1/8% senior notes due 2017 and all of the aggregate principal amount outstanding of its 8.65% junior subordinated deferrable
interest debentures due 2027.
* Gain from an otherwise tax-free exchange within the 10-year period when the property surrendered would have produced U.S.-source gain and the property received would have produced foreign-source gain, such gain is deferrable
if the taxpayer enters into a gain recognition agreement with the IRS.
The equality-like instruments, to be issued by subsidiary Hutchison Whampoa International (10) Ltd, are subordinated in nature and optionally deferrable
, which accounts for the two-step difference between the issue rating and the A- long-term credit rating of the guarantor, which denotes strong capacity to service its financial obligations, the agency explained.
No notching for non-performance is applied because coupons are not deferrable
and the write-down trigger is close to the point of non-viability.
The equity credit reflects the structural equity-like characteristics of the instruments including subordination, maturity in excess of five years and deferrable
interest coupon payments.
18 March 2010 A[cent sign]a'[not sign]a[euro]oe Moody's has given a Ba2 rating to Japanese firm DIC Corp's (TYO:4631) JPY20bn (USD221.8m/EUR162.1m) first series of unsecured interest deferrable
and early redeemable subordinated bonds.
The hybrids include perpetual, deferrable
junior subordinated debt as per S&P classification.
All collateral quality tests are in compliance and all concentration limitation tests, except the limitation for deferrable
securities, are passing.
28, 2018, capital markets funding (collateral trust bonds, non-member commercial paper and medium-term notes; and subordinated deferrable
debt) represented 51.1% of total funding, compared to roughly 80% in FY04.
Interest payments on the class M notes rank junior to default provisioning and are deferrable
according to the terms and conditions of the notes.