funded debt

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Under the deal, the supporting noteholders have given the green signal to support the exchange of the unsecured funded debt claims against the company for approximately 48.2% of the equity in the reorganized company, and the right to purchase an additional $1.6 billion of equity.

From Reuters

They have also committed to purchase, or otherwise backstop, the full $1.6 billion of equity being offered to the holders of the company’s unsecured funded debt.

From Reuters

U.S. oil and gas company Whiting Petroleum said Tuesday it had emerged from Chapter 11 bankruptcy and completed its financial restructuring, shrinking its funded debt by about $3 billion.

From Washington Post

“Murray’s employees are its lifeblood. Nonetheless, the cost of servicing its funded debt, together with the myriad of obligations Murray has to current and former employees, including to a pension fund that has been abandoned by other employers, have substantially reduced liquidity,” Moore told the U.S.

From Washington Post

The spending spree helped saddle the company with about $2.7 billion in funded debt, as well about $8 billion in actual or potential obligations to fund pension and benefit plans, according to court filings.

From Washington Post