Significats de first lien en anglès

The Petunias are a first lien on the whole property, of which the assessed valuation-

This emerged yesterday as the company began talks with a committee representing first lien senior lenders.

Bondholders would have a first lien on the revenue stream, putting them before the convention center.

Both were to be secured by a first lien on the receipts of the Manila custom house.

That plan is supported by holders of more than 70 percent of its first lien secured debt.

Jefferies is arranging the first lien portion.

The new owners, the company's first lien lenders, have yet to select a name for the reorganized company.

The now $2 billion first lien portion will offer coupons payable in cash and in kind.

The first lien creditors are expected to make that proposal to the U.S. government within days, according to the sources.

A new first lien credit facility has been underwritten by KKR's capital markets arm and investment bank Jefferies Group LLC.

The agreement announced on Friday has been signed by all members of its first lien noteholder steering committee, the company said.

The $1 billion first lien facility was extended by its banks in March 2009.

Borrowings would be secured by a first lien on collateral that includes performing loans and lease assets involving corporate tenants, it said.

Based on that figure, leverage will stand at 4.7 times through the first lien and 6.4 times total.

The company said it has obtained a commitment for $85 million in new debtor-in-possession financing froma group of its first lien lenders.

The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments.