Sentences with phrase «secured debtholders»

Kerkorian's stake would be wiped out in a bankruptcy filing, which gives secured debtholders priority over stockholders in relation to assets.

Usually those are held by the equityholders (or management, who sometimes act in their own interest, not that of the shareholders), and senior or secured 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.