Sentence examples for senior note from inspiring English sources
noun
A bond that takes priority for receit of principal and interest over other debt securities sold by the issuer in the event the issuer goes bankrupt.
The price includes the shares plus the full value of a 10.75 percent senior note on National Energy that comes due in 2006, according to Mr. Saldarelli.
A class of Virginia Power preferreds yielded 7.2percentt, versus 6.5percentt for a 10-year senior note of the company.
The agency cut Sotheby's senior note rating two notches to Ba2, its second highest junk grade, from Baa3, and lowered the short-term debt rating of the company's Sotheby's unit to "not prime" from "prime-3".
The company has a 10.75% senior note due 2011, which at 81 yields 14.7% to maturity.
Gaylord issued a senior note last February with a 93/8% coupon.
The company deployed IPO proceeds to wrap a $300 million senior note, and cashed out a revolving facility.
Shaw Communications Inc., $400 million of senior notes, Baa2/BBB+/.
Mutual Group Ltd., $150 million of senior notes, Baa2/BBB+/.
Nordstrom Inc., $250 to $350 million of senior notes, A2/A/.
Raymond James & Associates Inc. Tanger Properties L.P., $75 million in senior notes.
Metricom Inc./Metricom Finance, $425 million of senior notes and senior discount notes due in 2010.
