debt funder

debt funder
a provider of debt finance to a project. In this context, the term covers a provider of third-party debt finance, including bank debt and bond finance, but excludes subordinated debt provided by a sponsor as a substitute for equity.
Also known as a senior funder or senior lender, because the debt provided has priority to other debt (such as equity) and is repaid first by the project company.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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