Examples of New Financing in a sentence
Recapitalization Transaction Summary Conditional upon and concurrent with the completion of the Recapitalization Transaction, the Company shall complete the New Financing (as defined below).
New Financing The Company shall carry out a new financing of $60 million aggregate principal amount of New 1.5 Lien Notes (the "New Financing"), issued as set out in a separate New 1.5 Lien Notes Term Sheet, and in accordance with applicable securities laws and under applicable exemptions from prospectus and registration requirements.
Xxxxxx has assisted Aston Martin alongside Barclays in arranging a comprehensive and fully committed New Financing package across equity and debt tranches.
Barclays has also acted as FCA Sponsor to the Company in relation to both the New Financing and Mercedes-Benz AG Strategic Cooperation Agreement.
The New Financing serves to achieve these aims however it is contingent on the outcome of a shareholder vote in early December which is outside the control of the Directors.