Examples of Senior Notes Issuer in a sentence
On the Issue Date, the Notes will be jointly and severally guaranteed on a senior secured basis (the “Guarantees”) by each of the Senior Notes Issuer, ESML SD Iberia Holding S.A.U., Securitas Direct España S.A.U., Securitas Direct AB (publ), Securitas Direct Sverige AB, Verisure Sverige AB, Securitas Direct Portugal, Unipessoal Lda., Verisure Holding AS, Verisure AS, Verisure, Verisure International AB and Verisure A/S (collectively, the “Guarantors”).
The Senior Notes will be senior obligations of the Senior Notes Issuer.
The Senior Notes will be structurally subordinated to all of the existing and future indebtedness of the Senior Notes Issuer’s subsidiaries that do not guarantee the Senior Notes and will be effectively subordinated to the existing and future secured indebtedness of the Senior Notes Issuer that is secured by property or assets that do not secure the Senior Notes or that secure such indebtedness on a first-priority basis, to the extent of the value of such property or assets.
On the Issue Date, the Senior Secured Notes will be jointly and severally guaranteed on a senior secured basis (the “Senior Secured Note Guarantees”) by each of the Senior Notes Issuer, ESML SD Iberia Holding S.A.U., Securitas Direct España S.A.U., Securitas Direct AB (publ), Securitas Direct Sverige AB, Verisure Sverige AB, Securitas Direct Portugal, Unipessoal Lda., Verisure Holding AS, Verisure AS, Securitas Direct SAS and Verisure International AB (collectively, the “Senior Secured Note Guarantors”).
On February 4, 2015, the Senior Notes Issuer issued €800.0 million in aggregate principal amount of its 33/4% Senior Secured Notes due 2025.