balloon payment

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Related to Bullet payment: balloon payment, Bullet loan

balloon payment,

n a final payment larger than the preceding payments when a debt is not fully amortized.
References in periodicals archive ?
Excess funds that would otherwise be used to trim the size of the senior bullet payments (and thus make final bullet payment manageable) would be funneled off to pay junior debt service.
This series is structured in a bullet payment structure, in which a single principal payment at each bond maturity is made to class A and B investors; deals prior to 2000-1 were structured with a controlled amortization feature where principal was repaid to investors in periodic payments.
HIGH DEBT BURDEN: A high pro forma debt burden (which includes a large bullet payment in fiscal 2038) and significant, though declining, variable-rate exposure are partly mitigated by NGF's strong level of balance sheet resources; lack of additional debt needs; and management's conservative financial planning, including recently shifting to a more conservative debt profile.
Interest on the notes is paid semiannually, and principal is due as a bullet payment in 2013.
In recent years, less traditional bond structures have been added to the portfolio, including large bullet maturities, taxable Build America Bonds (BABs), and most recently the issuance of $500 million of GRBs structured as century bonds, with a single bullet payment due in 2111.
Principal will be paid to class A on its scheduled payment date of July 21, 2003, in a bullet payment, and to the class B on its scheduled payment date of Aug.
HIGH DEBT BURDEN: A high pro forma debt burden (which includes a large bullet payment in fiscal 2038) and considerable variable-rate exposure, are partially offset by NGF's consistently strong level of balance sheet resources and management's conservative financial and budgeting practices.
Principal will be payable to the class A and B certificate holders on the scheduled payment date of July 15, 2005, in a soft bullet payment.
DIFFICULTY RESOLVING BULLET MATURITY: Inability to obtain affordable market access for a refinancing or the use of reserves to make the 2014 bullet payment could further weaken the financial position of the sewer fund.
Principal is expected to be returned to class A investors in a bullet payment on the scheduled payment date of May 15, 2005, following a variable principal accumulation period, and to the class B investors one month later, on June 15, 2005.
Its current GRB financing is structured as a century bond, with a single bullet payment due in 100 years.
Principal is expected to be returned to class A investors in a bullet payment on the scheduled payment date of May 15, 2007, following a variable principal accumulation period, and to the class B investors one month later, on June 15, 2007.