date:Mar 13, 2013
stems, comes to an end. Maturities will be limited in the intermediate term, eliminating refinancing risk should market conditions worsen.
Debt incurred for the transaction is expected to have maturities five to seven years out. Financial covenants are expected to be minimal for the newly issued debt. Existing debt that will not be refinanced as part of this transaction (roll over notes) are long dated and are not likely to be due until 2028, 2030, 2032 and 2039. In terms of collateral, the fi