New Trading Co Bonds definition

New Trading Co Bonds means the US$685,000,000 bonds to be issued by Trading Co on the terms substantially set out in Section 3 (Trading Co Bonds) of Part 1 (Primary Restructuring Terms) of Schedule 2 (Restructuring Terms).
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New Trading Co Bonds means the bonds issued substantially on the terms set out in the term sheet at Section 3 (New Trading Co Bond Term Sheet).
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New Trading Co Bonds means the US$700.0 million in aggregate principal amount of Senior Secured Notes due 2023 issued by Trading Co on the Issue Date.
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Examples of New Trading Co Bonds in a sentence

  • New Trading Co Bonds that are offered and sold outside of the United States in reliance on Regulation S to be issued in the form of a Regulation S global note.

  • Euroclear / Clearstream New Trading Co Bonds that are offered and sold to QIBs or institutional accredited investors to be issued in the form of a Rule 144A global note or IAI global note, respectively.

  • Redemption Date Redemption Price On any date in the period from the issue date of the New Trading Co Bonds (the "Restructuring Effective Date") to the date that is one day prior to the date that is 13 months after the Restructuring Effective Date (the "First Call Period").

  • For the avoidance of doubt, New Trading Co Bonds issued in lieu of interest shall be redeemable at par.

  • An application will be made for the listing and trading of the New Trading Co Bonds on an exchange regulated market.

  • Covenants to be suspended when the New Trading Co Bonds reach investment grade status.

  • The New Trading Co Bonds may be prepaid, at the option of Trading Co, in whole or in part (in an amount not less than US$1,000,000 in aggregate principal amount) at the applicable Redemption Price specified below together with interest accrued thereon to the date of such prepayment (if any) determined for the prepayment date with respect to such principal amount.

  • Denominations The New Trading Co Bonds will be issued in the form of one or more global notes in registered form in denominations of USD150,000 and in integral multiples of USD1 in excess thereof.

  • IssuerTrading CoPrincipal AmountUSD685,000,000Issue Price100%Maturity Date4.5 years after the Restructuring Effective DateInterest8.75% per annum for the first 18 months 9.75% per annum thereafterInterest for the first 12 months payable at the option of Trading Co 50% in cash and 50% in kind, and thereafter in cashInterest Payment DatesInterest on the New Trading Co Bonds to be payable/capitalised semi- annually in arrears on interest payment dates to be agreed.

  • The New Trading Co Bonds will not be registered under the Securities Act or the securities laws of any state of the United States or of any other jurisdiction and may not be offered, sold or delivered except pursuant to an exemption from, or in a transaction not subject to, the registration 121 requirements of the Securities Act and in compliance with all other applicable laws.


More Definitions of New Trading Co Bonds

New Trading Co Bonds means the up to US$700 million senior secured bonds to be issued by Trading Co and constituted by the New Trading Co Bonds Trust Deed.
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New Trading Co Bonds means US$700 million senior secured notes to be issued by Trading Co substantially on the same terms as set out in the Restructuring Support Agreement and constituted by a trust deed the form of which shall be appended to the Explanatory Statement.
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Related to New Trading Co Bonds

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Initial Bond Issue means the issuance of the Initial Bonds. "Initial Bonds" means the Bonds issued on the First Issue Date.

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • High Yield Securities means debt Securities and Preferred Stock, in each case (a) issued by public or private issuers, (b) issued pursuant to an effective registration statement or pursuant to Rule 144A under the Securities Act (or any successor provision thereunder) or other exemption to the Securities Act and (c) that are not Cash Equivalents, Mezzanine Investments or Bank Loans.

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • Initial Bond means any Bond issued on the First Issue Date. “Initial Bond Issue” has the meaning set forth in Clause 2.1.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Existing Bonds means the following obligations of Seller:

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Initial Debentures means the Debentures designated as “8.0% Unsecured Convertible Debentures” and described in Section 2.5;

  • Issuer’s Bonds means any Bonds which are owned by the Issuer or any Affiliate of the Issuer.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Convertible Notes means the 2.75% Convertible Senior Notes of the Borrower due 2022 issued pursuant to the Convertible Notes Indenture.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • Fundserv Notes means Notes purchased through Fundserv.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.