Sentences with phrase «given debtholders»
Debt is cheaper than equity, given debtholders are paid first in the hierarchy of a hypothetical liquidation bankruptcy scenario.
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In her memo, Uhrman writes: «Given our debtholder's timeline, the process will be quick.
Not exact matches
Kerkorian's stake would be wiped out in a bankruptcy filing, which gives secured debtholders priority over stockholders in relation to assets.