Examples of Second Lien Secured Notes in a sentence
A proportion of the Second Lien Secured Notes are held by shareholders of the Company.
Issue costs of £6.2m were incurred in relation to the First Lien Secured Notes and Second Lien Secured Notes and are being amortised over the terms of the facilities.
In addition, the Company extended the maturity of its 10.25% Second Lien Secured Notes due 2023 (“Second-Lien Notes”) by six months to January 15, 2024.
On 2 June 2014, the Group completed an issue of £342m First Lien Secured Notes, over 5 years at a fixed rate of 6 7/8%, and an issue of £150m Second Lien Secured Notes, over 6 years at a fixed rate of 8 7/8%.
The Notes shall be known and designated as the “8.500% Second Lien Secured Notes due 2026” of the Company.
On June 3, 2020 the Company commenced private exchange offers and related consent solicitations (the “ Existing Exchange Offers”) with respect to its outstanding Existing Subordinated Notes, pursuant to which the Company offered to issue Second Lien Secured Notes to eligible Holders of Existing Subordinated Notes in exchange for such Holders’ Existing Subordinated Notes, as described in an offering memorandum regarding the Existing Exchange Offers (the “Existing Offering Memorandum”).
A proportion of the First Lien Secured Notes and Second Lien Secured Notes are held by shareholders of the Company.
Issue costs of £5.2m were incurred in relation to the First Lien Secured Notes and the Second Lien Secured Notes and are being amortised over the terms of the facilities.
Second Lien Secured Notes Calfrac Holdings has US$120,000,100 aggregate principal amount of 10.875% second lien secured notes due 2026 outstanding.
PWI is the issuer of $200 million in principal amount of 12.50% Senior Second Lien Secured Notes due 2017 (the “ Senior Notes”), with a maturity date of May 15,2017.