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refinancing
verb
Present participle of refinance
Exact(22)
The same is true of refinancing at a different bank from the one that currently holds your mortgage, or trying to persuade a new bank to give you a business loan.
A refinancing raised £150m for the business, which is jointly owned by Guardian Media Group and Apax Partners, and if there are no immediate investment opportunities for Auto Trader, that cash could be shared between the owners as a dividend.
To accomplish that, he negotiated a £360m refinancing package in order to slash Johnston's debt burden by more than a third (down to £197m).
Second, companies have been issuing bonds as a way of refinancing previous debts, rather than gearing up their balance-sheets.
So the firm borrowed short-term money instead, and it is now refinancing those borrowings.
Companies can repay them at any time, if refinancing conditions ease.
Similar(38)
If you're a company that needs to refinance your debt, there have been six years to get it done.
Poundworld has refinanced the business with a £25m funding line from Santander and has published accounts for 2014 showing a 30% increase in its earnings to £6m.
The central government itself must raise €170bn, while regional governments must refinance around €30bn, and the Spanish banking sector has around €90bn of debt to refinance.
Spain's finance minister, Elena Salgado, refused to allow Madrid's municipal authority to refinance some of the city's staggering €7bn of debt.
He worries about them being able to refinance these borrowings.And a lower rupee will fan inflation, which is already at 9-10%.
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