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funded debt |
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Funded Debt Long-term debt that matures after more than one year. Notes: This is usually issued as a bond or a long-term note.Funded debt
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Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt. Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt. Pascack maintains a fully funded debt service reserve fund in the amount of approximately $8 million. |
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