Sentences with phrase «percent second lien»
A joint venture of the holders of Bon - Ton's 8.0 percent second lien secured notes due 2021, Great American Group LLC and Tiger Capital Group LLC will...
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Shares of Energy XXI Ltd (NASDAQ: EXXI) plummeted more than 75 percent early Thursday morning after the company announced that it and some of its subsidiaries have entered into a Restructuring Support Agreement (RSA) with holders of more than 63 percent of its secured second lien 11.0 percent notes...
A Typical 504 project includes: 1) a loan extended by a commercial bank with a first lien on the asset financed; 2) a second lien loan secured from a CDC with a 100 percent SBA - guaranteed debenture for up to 40 percent of the total cost; and 3) an equity investment of at least 10 percent from the borrower.