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.

References in periodicals archive ?
STRESSED DEBT COVERAGE: The debt refunding transaction will give Wilson cash flow relief in the near term to execute its strategic plan, which does not project 1x MADS coverage until at least fiscal 2020.
The Ministry of Finance says that issuing long-term securities reduces the risk of public debt refunding and explains that it is a sign that showcases the investors' trust in Macedonia's economy.
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 87.6% of the creditors have reached an agreement with the company.
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.