Examples of Series 1 Debentures in a sentence
On April 7, 2010, the Company issued $225.0 million of 9.125% Series 1 Debentures (the “Series 1 Debentures”).
The Series 1 Debentures bear interest at 9.125% per annum, payable in equal instalments semi-annually in arrears on April 7 and October 7 in each year.The Series 1 Debentures are unsecured senior obligations and rank equally with all other existing and future unsecured senior debt and senior to any subordinated debt that may be issued by the Company or any of its subsidiaries.
The fair value of financial instruments with fixed interest rates, such as the Company’s Series 1 Debentures, fluctuate with changes in market interest rates.
Retraction Consideration will be a number of Series 1, Series 2 and Series 3 Debentures, respectively, determined by dividing the Retraction Price by $25.00.The Series 1 Debentures will have a principal amount of $25.00 per debenture and will mature on January 10, 2019.
Tony Courakis (1978) had submitted a comment to the Economic Journal crit- icizing Hacche for differencing data in order to achieve stationarity.