Matt Miracle’s head coaching job long time coming

first_imgTad Desaihttps://www.tcu360.com/author/tad-desai/ printhttps://vimeo.com/140750902Matt Miracle contemplated becoming an FBI agent, a minister and eventually became a stockbroker for Lehman Brothers before finally finding his calling after years of being utterly unsatisfied: football.“I was really quite bored,” Miracle said on his career before football. “I didn’t like the desk job, I didn’t like the [hours].”Miracle finally decided to begin his coaching career at Bedford Junior High School in 2004. It was here where Miracle said he met his first mentor, Bedford’s athletic director Gary Olivo.“He would talk about things to do as a coach and not to do as a coach, where to stand, how to hold your body, different arm positions,” Miracle said.Through a series of professional-turned-personal relationships and family loyalty, Miracle quickly rose through the ranks of six different high schools in Texas before becoming the special teams coordinator for the Paschal Panthers before the 2014 season.The following February, Miracle was promoted to defensive coordinator and before the first spring game in April, former Paschal coach Matt Cook informed Miracle he was taking another job at a different school. Miracle applied for the position and won out against several other candidates.“At first, I was pretty nervous because I didn’t know how he was going to take over after Coach Cook left,” said Jalen Rispress, the Paschal Panthers’ free safety. “But now you see we’ve made some pretty good progress as our season is coming on.”The Panthers ended last year with a 2-8 record, winning only one game in district play. So far this year, the Panthers are 3-4 and have already scored more in three games than they did in five games last year.However, it is not the record that Miracle is concerned with. He sees more pressing needs than playing well on the field.“I don’t measure in wins and losses,” Miracle said. “If they improve in the way they connect themselves in the classroom because of the rules and accountability that I hold them to, then I’ve done my job. That’s a success.”The players have taken notice of Miracle’s off-field philosophy and have embraced it fully.“[Miracle] is stricter, more disciplined, harder on us,” said defensive end Edmond Allen. “It’s just better than last year.”Clint Hyde, Miracle’s offensive coordinator, also sees the effort he puts into ensuring his players’ success in their personal lives.“Our success is not about football,” Hyde said. “It’s about bringing in discipline and character.”Miracle and the Panthers are looking forward to their game Saturday in AT&T Stadium.Miracle will also be honored at the stadium as the Whataburger Coach of the Week, which was presented to Miracle by the Cowboys for his coaching in week four of this season. Twitter Tad Desaihttps://www.tcu360.com/author/tad-desai/ Abortion access threatened as restrictive bills make their way through Texas Legislature Tad Desai Facebook ReddIt Linkedin Linkedin Tad Desaihttps://www.tcu360.com/author/tad-desai/ Muslim Student Association focuses on community after Paris attacks Twitter Tad Desaihttps://www.tcu360.com/author/tad-desai/ + posts Flint water crisis poses questions about Fort Worth water Local craft breweries utilize technology and size in growing market Facebook Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Previous articleWomen’s soccer to honor seniors on SundayNext articleTCU students help children explore the chemistry of colors Tad Desai RELATED ARTICLESMORE FROM AUTHOR Fort Worth ISD athletes commit to being student-athletes in college ReddIt Fort Worth set to elect first new mayor in 10 years Saturdaylast_img read more

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MIND.ID unlikely to issue new bonds until Freeport pays dividends

first_imgState-Owned Enterprises (SOEs) Minister Erick Thohir said in a statement on Tuesday that the appetite “proves that international businesses still trust Indonesian SOEs”.Read also: Explainer: New rules in revised Mining LawOf the total funding, 40 percent is slated to be used to refinance older bonds at lower interest rates, added the minister.The remaining 60 percent will be used to acquire Brazil-based nickel mining heavyweight PT Vale Indonesia and pay off subsidiaries’ debts. Prior to Vale, MIND.ID acquired a majority stake in Freeport Indonesia, previously owned by United States-based mining giant Freeport McMoRan, which operates the world’s largest gold mine located in the poverty-stricken Papua province.Topics : State-owned mining holding company MIND.ID is not planning to issue new bonds after raising US$2.5 billion in its latest debt offering as it expects to receive dividends from a recently acquired mining operation.MIND.ID president director Orias Petrus Moedak said on Friday that the company was unlikely to issue new global bonds until after miner PT Freeport Indonesia started paying dividends to the holding company in 2021. The influx of dividends would lower MIND’s debt-to-earnings ratio, which was currently considered too high.Read also: Freeport cuts workforce at Grasberg mine as coronavirus cases in area rise “We also have no need for [additional credit]. Our funding needs have been met with this latest offering,” he said.The mining holding company, which operates under the name PT Indonesia Asahan Aluminium (Inalum), raised $2.5 billion from a global bond offering earlier this month. The bonds were oversubscribed by a factor of 6.4, indicating strong investor appetite. They consisted of $1 billion in five-year bonds with a 4.75 percent coupon rate, $1 billion in 10-year bonds with a 5.45 percent coupon rate and $500 million in 30-year bonds with a 5.8 percent coupon rate.Orias said foreign investors were attracted by the bonds’ competitive rates relative to the company’s ratings of Baa2 and BBB- from rating agencies Moody’s and Fitch, respectively.“Investors also looked at our corporate governance and future plans. American investors, particularly, were interested in the long term tenures,” he told reporters via videoconference. last_img read more

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