Significats de secured bond en anglès

The senior secured bond will be issued out of vehicle Elli Investments.

A secured bond is simply a bond that has an asset or specific properties as collateral.

Barclays, Nomura and UBS are leading the TLB financing, Citi is leading the secured bond and JP Morgan is leading the unsecured bond.

The company said it would use proceeds from a senior secured bond offering, available cash or other forms of financing to make the payment.

That allowed underwriters to increase the size of the senior secured facility by EUR300m and reduce the senior secured bond by the same amount.

OKEA also said it had launched a $180 million, 5-year, fully underwritten senior secured bond to help finance the deal.

Liberty Asset Management has set up Escalator 2, its 100 per cent capital secured bond that locks in profits every six months.

It currently has around EUR1bn of senior secured bond which account for about 28.6% of its debt, the banker said.

He was released on $500,000 secured bond by a federal magistrate who overruled a federal prosecutor's objection to Hodge keeping his passport.

In late May Indiabulls Housing Finance priced a US$350m three-year senior secured bond at par to yield 6.375%, inside initial guidance of 6.5% area.