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AMC's existing debt has almost doubled.
Scotts will use the loan to refinance existing debt.
Gannett would also assume or retire the company's existing debt.
She recently took out new loans, planning to repay her existing debt.
The company will use the proceeds from the transaction to refinance its existing debt.
Including historic PFI repayments, servicing the existing debt already costs £1bn a year.
Rather than refinance, we believe Yell's intention is to rollover its existing debt under new terms.
The investment consortium will take on $2.6 billion of existing debt.
As part of the agreement, Nasdaq also refinanced $1.3 billion of its existing debt.
The $11.5 million total covers construction costs, fees and the retirement of existing debt.
The government runs an annual deficit, so it must borrow to retire existing debt.
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