The dependent variable of the present research is the cost of debt
of the company.
I find a statistically significant decrease in the cost of debt
after the implementation of SOX.
Fitch's report, 'REITs and Cost of Debt
Capital: Resistance to Rising Rates,' is available at www.
NetGain Co-founder Allen Cymrot says, "As any seasoned investor knows, the two major driving forces behind real estate values are the national employment state of the economy and the cost of debt
The change in Moody's ratings has no impact on the cost of debt
under the Company's existing credit facility, which has $17 million drawn upon it, and does not trigger any defaults under the Company's credit agreements with its lenders.
Fitch expects that Braskem management will maintain a debt profile that in terms of maturities and cost of debt
, will allow the company to satisfactorily operate through the peaks and troughs of the petrochemical industry cycle.
The negotiating parties agreed that the cost of capital for 2006 will consist of the weighted average cost of debt
capital, preferred securities and cost of equity reflecting a rate of return on common equity of 8.
Through increased operating performance, an improved debt structure, and lower cost of debt
, Tenneco has achieved a greater degree of financial flexibility over the past several years.
We have lowered our cost of debt
, eliminated near term liquidity constraints, extended all repayment maturities until after 2012, and now have debt covenants with flexibility to manage the business strategically.
As a result of the transaction, Nextel Partners has reduced its weighted average cost of debt
This news release contains forward-looking information that involves risks and uncertainties that include, but are not limited to, the outcome of regulatory proceedings; the ongoing restructuring of the electric industry; regional economic and market conditions which could affect customer growth and the cost of fuel and power supplies; changes to long-term contracts; performance of TEP's generating plants; the weather; changes in asset depreciable lives; changes related to the recognition of unbilled revenue; the cost of debt
and equity capital; changes in accounting standards; and other factors listed in UniSource Energy's Form 10-K and 10-Q filings with the Securities and Exchange Commission.
These transactions reduce our current weighted cost of debt
to approximately 6.