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The Company would like to inform the market and its investors that all Deutsche Bank entities that originally were expected to act in various agent capacities for the Offering were replaced with Citi Bank entities as follows: Citibank, N.A., London Branch will act as the Principal Paying ...
Debt or other obligations (such as, mandatorily redeemable preferred stock) of the issuer, which mature or are otherwise payable prior to the bonds, are also effectively senior in right of payment to the bonds. Each of these types of subordination presents issues that affect the creditworthiness,...
The company`s working capital position has been frugal given the fact that the days of payable have been substantially higher than the days of inventory and receivable. This has led to a negative cash conversion cycle implying that the company`s cash inflow happens well in advance to the time...
adjustingjournal entry December31 2009 recordaccrued interest roundfinal answer nearestdollar InterestExpense 88 Discount BondsPayable 12 Accrued Interest Payable 100 InterestExpense 188 Discount BondsPayable 12 Accrued Interest Payable 200 InterestExpense 112 Accrued Interest Payable 100 Discount BondsPayable 12...