At least some portion of the new debt will be used to simply
refinance the old debt (see Section 7.13 (b)(ix) of the Merger Agreement, which requires Heinz to obtain payoff letters of its existing bank debt), though some Heinz debt will roll.
You can not use CDC / 504 loans for working capital or to
refinance old debts.
Not exact matches
Refinancing of
old debt will pretty much vanish.
When you
refinance student loans, you pay off your
old debt by taking out a new loan with a different lender and repayment terms.
This means that the recent discussions about the required funds to help some of the most indebted regions to
refinance their «
old debt» are not so relevant from the point of view of total national public indebtedness.
The savings they achieve will be used to
refinance the
debt of the
old public school system.
However, you must be 18 years or
older and have at least $ 5,000 in student loan
debt you're looking to
refinance.
When you
refinance student loans, you're essentially repaying your
old student loan
debt by taking on a new loan with fresh terms — including a new loan length, interest rate and monthly payment.
You are consolidating your many
debts into one, by
refinancing with a new loan to pay off several
old debts.
When you
refinance and consolidate, you are effectively paying off your
old debt, and creating one new loan.
If you choose to specifically go to a lender that specializes in
refinancing, they will handle paying off your
old debt for you, so you can sit back and just reap the savings.
Refinance with a Subordination Request If a lien can not be nullified, you can still try to partner with a refinance lender and with the lien holder to pay off the old debt using hom
Refinance with a Subordination Request If a lien can not be nullified, you can still try to partner with a
refinance lender and with the lien holder to pay off the old debt using hom
refinance lender and with the lien holder to pay off the
old debt using home equity.
Refinancing involves repaying an
older debt by taking on a new loan with different terms than your original loan.
If making that business credit card payment each month is getting
old, you may have considered
refinancing your business
debt to get a better interest rate and save some money.
In addition,
refinancing means that your
old loans will be paid off — resulting in a closed account and potentially higher utilization ratio if you have other
debts.
College
debt consolidation is the process of
refinancing old private and federal educational
debt with a new private student loan lender.
When a loan is
refinanced, the
old debt is paid off by the new lender and a new loan is created to replace the
old one.
Divorcing parties under the
old law could use a HELOC or
refinance to help in restructuring their finances, for example, by paying off high interest credit card
debt, legal fees for the divorce, or to fund transitional expenses for a spouse during the divorce process.