Examples of Senior PIK Notes in a sentence
The remaining portion of the €1.57 billion transferred from Hellas II to Hellas I was allegedly used to pay the €500 million Floating Rate Senior PIK Notes due 2014 issued by Hellas Finance (and guaranteed by Hellas I), as well as interest on such notes, and approximately €48.8 million in additional transaction costs associated with the December 2006 Transaction.
Interest expense for MultiPlan Corporation is$107.2 million higher than interest expense for MPH due to interest expense incurred by MultiPlan Corporation on $1,178.7 million Senior PIK Notes (redeemed October 8, 2020) including amortization of discount on Senior PIK Notes and interest on $1,300.0 million Senior Convertible PIK Notes (issued on October 8, 2020), net of debt issue costs.
The IRB will convene a special meeting, if necessary, to accommodate the Principal Investigator’s compliance with an external funding deadline; however, submission is required four (4) weeks prior to the special meeting date.
Represents ordinary course transaction costs, including transaction costs related to the acquisition of MultiPlan by affiliates of Hellman & Friedman LLC, certain other investors and certain members of management on June 7, 2016, the issuance of the Senior PIK Notes on November 21, 2017, the refinancing of MPH’s term loan facility effective June 12, 2017, the Transactions, and the acquisitions of HST and DHP.
The amortization of the debt issuance costs, premiums and discounts are included in interest expense in the accompanying consolidated statements of (loss) income and comprehensive (loss) income.During the year-ended December 31, 2019, we repurchased and cancelled $121.3 million of the Senior PIK Notes.