Debt retirement

(redirected from Retirement of Debt)

Debt retirement

The complete repayment of debt. See: Sinking fund.

Debt Retirement

The act of paying off a debt completely. If one borrows a certain amount, one must eventually repay it to the lender and retire the debt.
References in periodicals archive ?
The bonds also benefit from a turbo feature, which provides the district with additional flexibility in the event pledged revenues underperform for short periods of time; current projections show total retirement of debt well in advance of final scheduled maturity.
The company said the net income for 2017 included a pre-tax loss on early retirement of debt as well as the effects from the federal tax reform legislation.
During the quarter we recorded two nonrecurring losses: $26 million related to the early retirement of debt which was previously disclosed, and $113 million related to a remeasurement in the carrying value of our deferred tax assets as a result of the reduction in corporate tax rates.
The Q4 2014 included gains on sales of facilities and losses on retirement of debt.
This quarter's results included an USD8m pre-tax gain from employee benefits amendments, a USD6m pre-tax gain from retirement of debt and a USD4.
Cadence intends to use the net proceeds from this offering for general corporate purposes, including the retirement of debt.
The operating budget for the upcoming budget cycle that begins July 1 is $158,000 less than this fiscal year's budget because of retirement of debt and a reduction in the town's assessment for schools.
Net income attributable to CCIC stockholders for the first quarter of 2013 was USD15m, inclusive of USD36m in losses on retirement of debt related to the completion of the redemption of the 9% senior notes and 7.
2 million, from alternative fuel mixture credits recognized during the quarter, which was partly offset by after-tax costs relating to restructuring and early retirement of debt totaling $2.
The expenses recorded for the early retirement of debt reduced earnings by USD2.
The Company expects to recognize an approximate $4 million loss on the early retirement of debt in the fourth quarter of 2008, mostly related to defeasance and other transaction costs.
Offerings are expected to close April 30 and proceeds will be used for the purchase of government securities and for general corporate purposes including retirement of debt.
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