Refunding

(redirected from Debt refunding)
Also found in: Financial.

Refunding

Reimbursing funds in restitution or repayment. The process of refinancing or borrowing money, ordinarily through the sale of bonds, to pay off an existing debt with the proceeds derived therefrom.

See: compensatory
References in periodicals archive ?
The City of Saratoga Springs (City) is seeking a firm to serve as financial advisor in conjunction with annual debt issuances, possible debt refunding, continuing disclosure, and other related services.
The debt refunding deal cannot be signed as so far only 87.
The notes, due 30 April 2015, are guaranteed by LK, with proceeds from the offering to be used for debt refunding.
In this paper, we examine the tax benefits of several debt refunding mechanisms to be used by firms to refund their debt following a decline in the yield of their bonds.
The region will use the raised funds from the offer for maturing debt refunding and capital expenditures.
4m from the listing will be used for debt refunding.
8m) eurobond, emerging as the country's first financial institution to default on external debt refunding since the turmoil in 1998.