Sentences with phrase «pay debtholders»

The Canadian stores will remain open, and the profits will remain in Canada and reinvested in the business instead of being extracted out by its U.S. parent in order to pay debtholders.

Not exact matches

FriendFinder Networks Inc. intends to use the net proceeds of the public offering to redeem a portion of its outstanding senior secured indebtedness and to pay waiver fees to certain debtholders.

I'll throw this out as my next prediction in this space: they both go into conservation, and in runoff, claimants get paid off, senior debtholders get nicked, subordinated debtholders lose a lot, and the equity is a zonk.

With forbearance, responsibility for paying accruing interest continues but debtholders will have their monthly loan payments either temporarily reduced or suspended due to certain financial hardships.

In other words, these debtholders have problems paying back their loans.

After senior creditors have been paid, subordinated debtholders will receive payment if anything is left.

Debt is cheaper than equity, given debtholders are paid first in the hierarchy of a hypothetical liquidation bankruptcy scenario.