demand, that decouples the purchase of electricity from the delivery of an energy service, provides a relatively inexpensive form of storage compared to dedicated utility-scale storage.
SunTrust will further redeem on 30 June 2012 the floating-rate junior subordinated deferrable
interest debentures issued on 30 October 2002 by GB&T Bancshares Inc.
In effect, T will recognize that portion of the advance payments--the amount properly deferrable
to 2004 under Rev.
tax purposes was permitted until the income ceased to be deferrable
Subordinated (Basel II deferrable
lower Tier 2 capital) debt rating affirmed at 'BBB+(twn)'
Coupon payments are cumulative and deferrable
at the discretion of the management.
Finally, Fitch believes that the receipt of TARP funds could increase risk of deferral and downgrade of deferrable
hybrids, which typically have been subordinate to TARP obligations in bank capital structures.
Thus, payments relating to multi-year or renewable contracts would be properly deferrable
However, given that it will be a dated instrument with deferrable
coupons, the notes are treated as 100% debt in Fitch's financial debt leverage calculation.
M2 EQUITYBITES-February 1, 2012-Leucadia announces redemption of senior notes and junior subordinated deferrable
interest debentures(C)2012 M2 COMMUNICATIONS http://www.m2.com
1042(e) purposes, the transaction would not trigger gain recognition otherwise deferrable
under a Sec.
--Junior subordinated deferrable
debentures to 'BBB-' from 'BBB';
First Horizon noted that through the deal, as well as through a contemplated debt sale, it would secure funds for the full repurchase of the 866,540 shares of its Series CPP Preferred Stock issued to the US Treasury in relation to its participation in the Capital Purchase Program and for the full redemption of USD103m aggregate principal amount plus accrued and unpaid interest of its 8.07% Junior Subordinated Deferrable
Interest Debentures Series A.
Under the cash method, such amounts are reportable currently, but may be deferrable
under the accrual method.
However, this large investment plan is deferrable
and dependent on market conditions.