Sentences with phrase «second lien senior»
Paul, Weiss client The Bon - Ton Department Stores, Inc. completed an offering of $ 350 million of 8.00 % Second Lien Senior Secured Notes due 2021.
https://www.paulweiss.com/ Not exact matches
In addition to senior debt, we offer second lien loans as a subordinated financing solution to increase your leverage.
iPayment Holdings, Inc. and iPayment, Inc. in the exchange of $ 509 million of iPayment Holdings» 15.00 % / 15.00 % senior notes due 2018 and iPayment Inc.'s 10.25 % senior notes due 2018 for a combination of $ 296 million 9.5 % second lien notes due 2019 and iPayment common stock and warrants.
Its investment portfolio consists of senior secured first lien loans and senior secured second lien loans.
Tranches with a higher claim on underlying assets are safer than and senior to junior tranches with a second lien.
Malcolm has extensive experience representing lenders and borrowers in secured and unsecured debt financings, including syndicated senior bank credit facilities, first and second lien financings, asset - based (ABL) credit facilities, mezzanine and other subordinated debt financings, debtor - in - possession financings, public and Rule 144A debt offerings, and convertible debt transactions.
Our Debt Finance team has extensive expertise with all types of debt financings, such as senior secured first and second lien loans, unitranche and mezzanine loans.
We represent financial institutions and their corporate clients in acquisition finance across a variety of industry sectors, including senior, mezzanine, first - and second - lien, bridge, leveraged buy - out, and private equity financings; high - yield debt issuances; and securitizations and sale - leaseback transactions.