Leveraged loan definition

Leveraged loan means a loan issued by the Florida Water Pollution Control Financing Corporation (FWPCFC).

Leveraged loan means a loan provided to a company that already has a considerable degree of indebtedness, such as buy-out or take-over-financing, where the loan is used for the acquisition of the equity of a company which is also the obligor of the loan;

Leveraged loan means a loan from the proceeds of bonds issued by the Florida Water Pollution Control Financing Corporation (FWPCFC).

Examples of Leveraged loan in a sentence

• Based on 3-year discount margin of BB rated loans from Credit Suisse Leveraged loan index.

• Leveraged loan payment, security, and processing requirements may vary from non-leveraged loans as provided in this chapter.

• Leveraged loan packages that include any type of broker referral fee are not acceptable.

• When the cover required for settlement is available at the consolidated securities account specified by the Client, securities are blocked.

• Note: Data are through second quarter 2019.5 Leveraged loan arrangers do not necessarily fund the loans and hold them on their books before selling them, but they set the terms of the debt offering and recruit investors to fund the leveraged loan.

• Based on 3-year discount margin from Credit Suisse Leveraged loan index.

• Leveraged loan originations more than tripled from 2001 to 2007, eventually overtaking investment grade originations, and institutional investors funded more than 60% of leveraged loan originations by 2007 up from just 15% in 2001 (Ivashina and Sun 2010).

• High-yield bond issuance is up this year versus last year, supported by inflows into high-yield mutual funds and ETFs.14 Leveraged loan issuance is down this year versus last year because of outflows from leveraged loan mutual funds and ETFs as well as lower issuance of collateralized loan obligations (CLOs),15 which are a large source of loan demand.

• Leveraged loan defaults rose substantially in 2020 but have declined since peaking in third quarter 2020 (Chart 43).Banks remain exposed to corporate debt risks both directly and indirectly.

• Leveraged loan issuance spiked to a record high in 2021, exceeding the previous high by 22 percent (Chart 39).

More Definitions of Leveraged loan

Leveraged loan means a Loan funded directly or indirectly by the Trust in whole or in part from the proceeds of Bonds;

Leveraged loan means a participation interest in a first lien or other senior loan or senior bridge financing facility evidencing indebtedness of a third party of a type contemplated by the Guidelines.

Leveraged loan shall have the meaning set forth in Section 13.1(a). “Liabilities” shall have the meaning set forth in Section 13.2 hereof. “Licenses” shall have the meaning set forth in Section 5.11(a) hereof. “Liquor Licenses” shall mean any licenses or permits required by any Governmental Authority in order to sell and serve alcoholic beverages at the Property. “LLC Agreement” shall have the meaning set forth in Section 6.1(e) hereof. “Loan” shall mean the loan made by Xxxxxx to Borrower pursuant to this Agreement. “Loan Bifurcation” shall have the meaning set forth in Section 13.1 hereof. “Loan Documents” shall mean, collectively, this Agreement, the Note, the Security Instrument, the Pledge Agreement, the Environmental Indemnity, the Assignment of Management Agreement, the Guaranty, the Cash Management Agreement, the Collateral Assignment of Interest Rate Protection Agreement, the Subordination of Asset Management Agreement, the Post-Closing