Sentence examples for pik notes from inspiring English sources

Some firms bought by private equity have been issuing payment-in-kind (PIK) notes.

But the company inidcated that it will use part of the proceeds to redeem its "pay in kind," or PIK notes, and pay down other debt.

According to its S-1 filing with the Securities and Exchange Commission, the PIK notes had a face value of $134 million at the end of 2005.

Red Football Joint Venture (RFJV), through which the family controls the club, also issued £200m of "payment-in-kind" (PIK) notes with a high interest rate.

New Look is aiming to use the money to restructure its borrowings, which include £746m of payment-in-kind (PIK) notes, where interest payments pile up rapidly at a punitive rate to be repaid at the end of the term.

The £800m leveraged buyout in 2005 looked reckless at the time, not least because the adventure was funded in part with those notorious payment-in-kind (PIK) notes that accumulated interest at the potentially poisonous rate of 14.25%.

The PIK note was taken on to pay a dividend to New Look's backers and management and may have proved the last straw for potential investors.

One night in Edinburgh, David's pik line was blocked, a common occurrence.

Note that Pik and Nik are usually different (sometimes only one of both is finite) and the minimum of both gives the (unsigned) shortest path length.

Usually, when you taste a store cola it's" — and here she made a series of pik! pik! pik! sounds — "all the notes are kind of spiky, and usually the citrus is the first thing to spike out.

The difference is that the "RTL Offer" gives the old convertible noteholders additional RTL notes, which come complete with a PIK toggle.