Thames Water is burning cash at a faster rate than it earlier expected, piling pressure on the troubled utility to extend the term of £530mn of debt due to expire next month as the company seeks to ...
KBRA assigns a rating of BBB- to New Mountain Finance Corporation's ("NMFC" or "the company") $300 million, 6.20% senior unsecured notes due 2027. The rating Outlook is Stable. The proceeds will be ...
Dye & Durham said Tuesday that it intends to make an early repayment of 20.3 million Canadian dollars ($15 million) on its senior secured loan in the coming days amid recent calls to curb spending.
As such, this type of debt has a lower repayment priority than other debt that is senior and ranked higher. Second-lien debt refers to loans that are prioritized lower than other, ...
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