Funded Debt

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Funded debt

Debt maturing after more than one year.

funded debt

Long-term interest-bearing debt, such as that for bonds and debentures.

Funded Debt

Bonds, loans, and any other debt with a maturity of longer than one year. Funded debt is used for capital outlays, which usually involves a business' need to buy the basic necessities for its operations, such as facilities and major assets. It is also called long-term debt.

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10% guideline
long-term debt

Unfunded debt

Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt.

Amend: Fitch Upgrades American Capital Strategies IDR to 'BBB'; ... by Business Wire

Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt.

Fitch Upgrades American Capital Strategies IDR to 'BBB'; Outlook ... by Business Wire

Pascack maintains a fully funded debt service reserve fund in the amount of approximately $8 million.

Fitch Downgrades Pascack Valley Hosp (NJ) Revs to 'B-'; Rating Watch ... by Business Wire

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