Sentence examples for tranche of debt from inspiring English sources
During the roadshow for the deal, the suggested pricing for the mid-tier tranche of debt was 9.5%.
It is this $22bn tranche of debt that is causing concern among bankers as DP World is producing good revenues.
A £1.4bn tranche of debt does not mature until 2015, giving the company flexibility to evaluate strategic options.
In theory, a failure to pay a single interest payment on a tranche of debt will trigger a demand from all bondholders for their money back.
"This is particularly concerning given the announcement that a further period of due diligence is required for the second £5m tranche of debt that the board has decided to saddle the club with," added the RST.
Central banks don't own just one tranche of government debt; they are invested across a range of maturities.
Bankers are keen not to be left holding a toxic tranche of unsellable debt if the credit cycle turns.
See articleStandard & Poor's downgraded Eurotunnel's credit rating after it defaulted on an interest payment on a tranche of bank debt.
The swap insured these notes, known as the "super senior tranche" of the debt obligation, because they were rated triple-A by both Standard & Poor's and Moody's Investors Service.
Some countries that use the euro — Germany, in particular — need to pass legislation to come up with the money, although European Union officials said Sunday night that funding would be in place before May 19, when the next major tranche of Greek debt must be rolled over.
In Greece, another uneasy coalition may be falling apart as it balks at meeting the severe terms of the troika of the European commission, the European Central Bank and the International Monetary Fund (IMF) needed to secure a second €130bn (£108bailoutlout in time to redeem a large tranche of its debt next month.
