Corporate Cashflow Magazine articles from May 1990

Corporate Cashflow Magazine archives from May 1990

Local bank checks now can pay in yen, marks, pounds, francs.
May 1, 1990... Local bank checks now can pay in yen, marks, pounds, francs Treasury managers looking for a better way than expensive individual bank drafts to make foreign currency payments have a new alternative: foreign currency accounts in their local...

Glasnost accounts bring risks, rewards, tough credit decisions. (credit sales to Eastern Europe)
May 1, 1990... Glastnost accounts bring risks, rewards, tough credit decisions U.S. credit managers asked to rule on credit sales to business ventures in Eastern Europe are in for a trip to the financial twilight zone where "informed decision," like "cruel...

Grasping for credit. (tight credit markets)
May 1, 1990... Grasping for credit The bear is loose in the bank. A series of events have driven bankers back to the tight-fisted credit posture they abandoned years ago, leaving corporate treasury managers in need of bank financing to face a...

The fiduciary trap. (tougher fiduciary responsibility regulations)
May 1, 1990... The fiduciary trap The retirement plans of anyone who is the principal financial, personnel or executive officer of a company may be in jeopardy, thanks to recent crackdowns on fiduciary responsibility by the Department of Labor. The...

Discover what is changing in bank credit agreements.
May 1, 1990... Discover what is changing in bank credit agreements Credit agreements are changing. As banks respond to new competitive pressures, discover new risks and refine the ways they pass on new funding costs, agreements between corporate borrowers...

Beating the LBO odds: safe bets for trade creditors. (leveraged buyout)
May 1, 1990... Beating the LBO odds: safe bets for trade creditors The very mention of leveraged buyouts makes trade creditors envision high credit risk and potential bad-debt write-offs. By any measure of creditworthiness or financial strength, a company...

How Ocean Spray trims the risks of seasonal borrowing.
May 1, 1990... How Ocean Spray trims the risks of seasonal borrowing When the borrowing season began for Ocean Spray Cranberries Inc. last spring, the farmer-owned cooperative purchased a two-year, interest-rate cap as insurance against rising rates. ...

Deploying the Eurodollar futures hedge.
May 1, 1990... Deploying the Eurodollar futures hedge "Can you give me a little help on hedging?" asked a woman from the audience. "What kind of instruments are you thinking of hedging?" I inquired. "Mostly LIBOR-based," she replied. "When we have...

ESOPs flourishing on public-issue debt. (employee stock ownership plans)
May 1, 1990... ESOPs flourishing on public-issue debt When Congress squashed the tax break on lending to ESOPs, it slammed one door shut but caused two others to open. Now that all sources of new ESOP financing have the same tax status, ESOPs are being...

DOL suit clarifies its position on ESOP-financed takeovers. (Department of Labor) (employee stock ownership plans)
May 1, 1990... DOL suit clarifies its position on ESOP-financed takeovers The Department of Labor is raising new concerns about the participation of employee stock ownership plans in multiparty leveraged buyouts. However, it remains unclear whether the...