secured debt

Eastern said its secured debt holders would be paid in full.

The ministry has listed those secured debts at $36.2 million.

A secured debt is backed by collateral, or something of real value.

For instance, a car loan typically creates a secured debt.

Consequently, the Hunts argue, the difference should no longer be considered a secured debt.

This is the most senior class of debt, with greater rights than other secured debt.

About $340 million of its secured debt will be converted into equity, a Bridge spokesman said.

The receiver is appointed by a creditor with a secured debt.

Metropolitan Life appears to be the single largest creditor, with a secured debt of $220 million.

The plan would probably ask the banks and insurance companies that hold Macy's secured debt to give the company more favorable terms.

Standard & Poor's cut the rating on the senior secured debt yesterday to A+.

Secured debts, like a mortgage or car loan, are rescheduled over three to five years.

The revised organization plan would pay creditors more than $100 million in cash plus secured debt and equity.

In the case of real estate, the most common form of secured debt is the lien.

A mortgage is a secured debt because the loan is backed by the value of the house itself.

This does not affect the rating of bonds issued by Corus which are secured debt.

Del Monte was able to raise $360 million in senior secured debt with only a small amount lent by domestic banks.

Cedar Fair, which purchased the park in 2006, expected to use the cash proceeds from the sale to reduce its senior secured debt.

Consult a lawyer if a mortgage, auto loan or other secured debt is involved; some counseling services have staff lawyers.

Pacificorp's senior secured debt was increased to A, from A-.

Caldor's capital structure, with roughly $400 million in secured debt, may also have contributed to the concerns of vendors.

In the event of a company encountering financial difficulty, investors with secured debt are in the strongest position.

Macy will have its hands full satisfying higher-ranking secured debt and may have little left for the group.

Loral said the deal with Intelsat would allow it to repay all $959 million in secured debt to its banks.

The creditor may offer a loan with attractive interest rates and repayment periods for the secured debt.