Sentence examples for the senior note from inspiring English sources

The Singapore-based company, formerly known as Garena, said that the senior note offering will put toward general costs and business expansion.

The company will sell $100 million of the senior notes and grant buyers an option to purchase as much as $25 million more.

A federal appeals court ruled yesterday that the financier Carl C. Icahn's tender offer for the senior notes of Reliance Group Holdings could go forward.

The company said the extraordinary gain, which it will record in its third quarter, was due to the substantial discount of the exchange relative to the book value of the senior notes.

Mr. Black, the former Drexel Burham Lambert investment banker who now heads Apollo Advisers Ltd., an investment firm, holds 24percentt of the senior notes and 27percentt of the subordinated debt, which under the company's plan of reorganization gives Apollo effective control of E-II.

This is the "equity investor," who takes whatever income the fund has after paying off the senior notes.

In January, A.M. Best said the company's ratings were under review with "negative implications" pending successful completion of the IPO and the issuance of the senior notes.

The senior notes for Globalstar, whose biggest backer is Loral, are at the top of the creditor food chain and are well traded.

Berkshire was to pay 70 cents on the dollar for the senior notes, which would have matured in 2009 with contingent interest due in 2016.

In February, Moody's downgraded the senior notes of Zohar I to B3 status placing it squarely into the risky "junk" CLO arena.

Matlin won't comment on his exposure to the failed telecom giant, but he's likely buying the most junior, unsecured paper in the WorldCom capital structure such as the senior notes maturing 2031 with an 8.25% coupon.