ANI): The Reserve Bank of India (RBI) on Monday tightened Priority Sector Lending (PSL) norms for foreign banks by directing them to mandatorily
create sub-targets so that they lend a portion of their loans to small and marginal farmers, micro enterprises (MSMEs) from April.
0bn public offerings of ordinary shares and mandatorily
exchangeable subordinated notes of Weatherford International, a Bermuda exempted company and its wholly owned subsidiary (Weatherford Bermuda).
However, the newspaper exposes that the Civil Administration's decision will be implemented mandatorily
and not in coordination.
125 billion of subordinated notes mandatorily
exchangeable by ING into NN Group shares in three tranches.
Namely, leader Ahmeti did not forget this year "to mandatorily
be reminded of NLA's fighters because the foundations of the future are built over their blood," but Ahmeti failed to say that their status must be solved mandatorily
Ahli United Bank will convert IFC Capitalization Fund Mandatorily
Convertible Preference Shares (MCPS) into Common Shares at 74.
This decline was due, in part, to lower average balances of advances, mortgage-backed securities, and mortgage loans; a decline in earnings on invested capital because of lower average capital balances and the lower interest rate environment; and an increase in dividends on mandatorily
redeemable capital stock, which are classified as interest expense, the bank said.
Blairsville, Georgia-based United Community Banks, Inc (NASDAQ: UCBI) has said that it has completed its previously announced USD380m capital raise through the sale of its common stock and mandatorily
convertible preferred stock, to a group of institutional investors led by an affiliate of Corsair Capital, Llc.
The second proposal has approved the issuance of shares of company common stock in connection with the conversion of the company's Mandatorily
Convertible Cumulative Participating Preferred Stock, Series-A and Mandatorily
Convertible Cumulative Participating Preferred Stock, Series-B into company common stock in accordance with the preferred stock's terms.
International Resource News-7 July 2009-Vale to Offer Mandatorily
Convertible Notes(C)2009 ENPublishing - http://www.
A financial accounting standard (known as FAS 150) that would have been detrimental to closely held contracting companies by requiring them to account for mandatorily
redeemable shares on their income statements as a liability has been "indefinitely delayed.
It also would eliminate provisions allowing an entity to rebut the presumption that contracts with the option of settling in either cash or stock will be settled in stock and require that shares that will be issued upon conversion of a mandatorily
convertible security be included in the weighted-average number of ordinary shares outstanding used in computing basic earnings per share from the date that conversion becomes mandatory.