funded debt

Example Sentences

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It added that despite "painstaking, creative, and exhaustive efforts to right the ship along the way, Bed Bath & Beyond is simply unable to service its funded debt obligations while simultaneously supplying sufficient inventory to its store locations."

From BBC

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