Examples of High Yield Notes in a sentence
All guarantee claims and liens against Obligor Non-Debtors under the 2015 Notes Indenture and the Bridge Loan Agreement and all liens against the High Yield Notes On Loan shall be released.
The security agent under the Intercreditor Agreement, subject to the terms and conditions therein, shall sell the stock of LBIH (subject to its senior secured debt but not as security for that debt) and the High Yield Notes On Loan to LBHBV for €20 in Cash.
High Yield Notes On May 14, 2018, the Company issued $40,000 high yield secured notes (the “HY Notes”).
The restructuring terms contemplate no impairment of the principal of offshore debts and upside sharing in the form of the Contingent Value Rights (‘ CVRs’) (for those allocated the New High Yield Notes (‘New HY Notes’)) and a reduced conversion price (for those allocated the Exchange Convertible Bonds (‘Exchange CBs’)).
The offshore borrowings are made up of the Existing High Yield Notes, the Convertible Bonds, and the existing offshore loans.