Examples of 7.75% Notes in a sentence
The carrying amount of the 7.75% Notes approximates their fair value.
The five-year non-callable 7.75% Notes were priced at a discount of 99.592 to yield 7.85% to investors.
Loss on modification and extinguishment of debt for the twelve months ended December 31, 2015 consisted of $47.8 million in premiums related to the redemption of our 8.75% Notes, 9.875% Notes and 7.75% Notes, $11.9 million related to the non-cash write off of unamortized debt issuance costs and original issue discount associated with the portion of our debt that was extinguished and $8.8 million of arrangement and amendment fees and other fees and expenses incurred in connection with the refinancing.
In January 1996, the OP completed a $100 million public debt offering of 7.75% unsecured term notes due January 2001 (the "7.75% Notes"), which are guaranteed by the Company.
Interest on the 7.75% Notes is payable semiannually in arrears on May 1 and November 1, beginning May 1, 2005.