I mean everything has been repriced for risk and you're getting a return above even that incremental cost of capital. |
Of that total, 18 million options were repriced at a lower exercise price. |
But even options that aren't repriced represent an expense to shareholders, though it isn't fully reflected on corporate income statements. |
The plan enabled Coface to return to technical equilibrium at the year end, with a healthy and substantially repriced credit insurance portfolio. |
The fixed-rate share of the debt is the percentage of the gross debt that matures or is being repriced in more than 12 months. |
In February, it repriced its deals to ensure existing borrowers no longer subsidised new customers. |