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In fact, the company plans to use a large portion of today's investment to pay down part of that debt, including $500 million in senior secured notes due in 2020, which it plans to pay off next month, and $750 million in HoldCo senior contingent cash pay notes due in 2021, which it plans to pay off in May.
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Barclays Bank took this one step further, rolling out a plan to pay 2010 bonuses for its senior bankers with contingent convertible bonds, or "cocos"— which could give bankers even more of an incentive to make prudent decisions.
We discuss different credit indices such as ABX and LCDX as well as a range of credit structured products including credit options, constant maturity default swap, leveraged super senior notes and contingent convertibles (CoCos).
That's a big source of stress," C.N. Le, a senior lecturer (a contingent faculty member with a stable though "indefinite" appointment) at University of Massachusetts, Amherst, recently told The Chronicle of Higher Education.
A sizable contingent of senior members of Congress now advocate removal of the group from the terrorist list, arguing that its members' knowledge should be mined for use against Iran.
A contingent of senior Northern Fleet officers was aboard the Kursk, a navy spokesman said, and may have died on the bridge along with the submarine's captain, Gennadi Lyachin, 45.
On Thursday, World Press Freedom Day, Lynette Clemetson, the director of the Knight-Wallace journalism-fellowship program at the University of Michigan, plans to announce that her university has invited Gutiérrez Soto to take up residence as a Senior Press Freedom Fellow, contingent on his lawful release from detention.
But we've also heard that a contingent of senior executives at Yahoo, who are willing to do literally anything to thwart a Microsoft takeover, are pushing for the Google deal and will present their case at the meeting.
As the most senior of the small contingent of Labour MPs that survived the 1931 general election, Lansbury became the party's leader.
Other senior appointments included the contingent seconds-in-command, Lieutenant colonels Kevin Pippard (1ASC) and Ken Gillespie (2ASC), and the officers commanding the 17th Construction Squadron, Majors David Crago (1ASC) and Brendan Sowry (2ASC).
When some congressional Democrats and a contingent of senior White House aides wanted to give up on the Affordable Care Act and move a less ambitious health care bill after Brown's election, Pelosi stood firm, Stupak said.
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