Sentences with phrase «bank loan facilities»

The fund's index tracks the 100 largest bank loan facilities — floating - rate, high - yield senior debt issued by banks to companies.

As a result of VRA's indebtedness, he said, it had failed to service the Chinese Development Bank loan facility it secured for the construction of the Atuabo Gas Processing Plant.

The firm renegotiated a bank loan facility with RBS in Janaury, which comprises a # 2.5 m overdraft and a # 6.5 m term loan secured by a debenture over the assets of debt recovery business Incasso — a wholly - owned subsidiary of Cobbetts.

Cobbetts has negotiated loan facilities of # 10.5 m in an effort to avoid a partner cash call The firm renegotiated a bank loan facility with RBS in Janaury, which comprises a # 2.5 m overdraft and a # 6.5 m term loan secured by a debenture over the assets of debt recovery business Incasso - a wholly - owned subsidiary of Cobbetts.

Not exact matches

In Japan, the Central Bank said Thursday morning it was keeping its rates unchanged and the People's Bank of China raised its short - term interest rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.

The bank is, in common with its American counterparts, concerned about people using its credit facilities to buy cryptocurrencies and then not being able to pay back the loan, due to rapid depreciation in the virtual currencies.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

China's central bank on Thursday raised interest rates for its reverse repos and medium - term lending facility (MLF) loans by 5 basis points.

Digital Realty said it had a fully committed bridge loan facility from Bank of America / Merrill Lynch and Citigroup to finance the deal.

February 10: The U.S. Fed expands the Term Asset - Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more loans.

Prior to joining Cerberus, Mr. Naccarato was a Vice President and Senior Credit Officer at Bank of America Commercial Funding from 1997 to 2000, where he was responsible for managing all aspects of credit relating to a loan portfolio consisting of middle market asset - backed credit facilities.

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset - based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed - income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online / electronic prBanking segment offers commercial loans and lines of credit, letters of credit, asset - based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed - income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online / electronic prbanking services, as well as online / electronic products.

Bank loans represented by the S&P Leveraged Loan Index, designed to reflect the largest facilities in the leveraged loan marLoan Index, designed to reflect the largest facilities in the leveraged loan marloan market.

LLC, SunTrust Robinson Humphrey, Inc., and Deutsche Bank Securities Inc., which allows us to borrow up to $ 180.0 million in revolving loans, and the Cash Flow Facility with four lenders, including affiliates of Morgan Stanley & Co..

Local regulators also relaxed the collateral requirements for banks lending to SMEs and allowed banks borrowing under the MEII facilities to waive a requirement for a 1.5 - percent general - reserve provision for every loan.

Other enhancements to syndicated lending introduced by the Civil Code changes are charges over bank accounts, better facilities for intercreditor agreements, and stronger enforceability of loan agreement representations.

To support more small - business lending, 10 years ago OPIC provided a loan guaranty to the Middle East Investment Initiative (MEII), underwriting a facility that was committed to encouraging small - business lending in the West Bank.

P2P loans (peer - to - peer loans) and invoice financing facilities are a real alternative to bank loans for business or SME owners to borrow money, and investors can invest in such loans and invoice financing as an alternative to the financial products of the banks with attractive potential returns.

OPIC can testify to such a phenomenon in the West Bank, which witnessed an economic turn - around at many levels following the US development - finance institution's loan guaranty to a small - business - lending facility Middle East Investment Initiative.

The sorts of prudential controls which might be used are to limit the opportunities for residents to borrow in foreign currency (i.e. to prevent a repeat of the Bangkok International Banking Facility) and to monitor them when they do; and to keep very tight (indeed, unashamedly intrusive) constraints on banks» ability to have open foreign exchange positions or indirect exposure through foreign exchange loans.

If you get into difficulties with your first time credit card then your credit history will already suffer, and you can find it harder to get a bank account, credit facilities, loans and even a mortgage in future.

It provides its corporate customers with traditional banking products and services, such as deposits, lending (including overdraft facilities), check cashing advances and factoring, guaranteed loans and credit lines for financing foreign trade and cash management services.

«We are doing our best and engaged with our bank to have a [loan] facility in place not just for one year but for many years to come so we can operate in comfort,» he said.

SPENDING MONEY: Dominick «s Finer Foods Inc. has arranged a $ 120 million term loan and revolving credit facility from a group of U.S. and foreign banks including Chemical Bank, Mitsubishi Trust and Banking Corp., Kleinwort Benson Ltd., First Wisconsin National Bank and Shawmut Bank.

But in his response to the Chairman's lamentation, Kwaku Agyemang - Manu indicated that the approval of loan facility with African Development Bank has been procured and all that's left is the value for money report.

While the Fayemi administration's main loan was the N25 billion naira bond it raised at the capital market in 2011 and other minor facilities taken from a few commercial banks, the DMO had put the state's indebtedness at N18.8 billion.

«On further inquiry, we found out that they mangled the fact that the loan is 2015 general election motivated; by dishing out the lame excuse that the loan is to enable Governor Chime's administration complete ongoing projects and also offset previous loan facility obtained from a new generation bank, which interest rate was jerked up astronomically.

«All facts available indicates that the loan is blatant fraud, and gross man's inhumanity to man; we therefore call on the Central Bank of Nigeria and Economic and Financial Crimes Commission, EFCC, to stop the government from accessing the loan facility.

A consortium of some foreign and Nigerian banks, including Guaranty Trust Bank, Access Bank and Zenith Bank, have been having a running battle with the mobile telephone operator, over a loan facility totalling 1.72 billion dollars (about N541.8 billion) obtained in 2015.

«This structure would ensure all Bank of England loan facilities to the company are repaid in full, with interest, upfront, as soon as the funds are raised.»

The governing National Democratic Congress about five years ago started chasing for $ 3 billion loan facility from the China Development Bank to finance some government projects.

According to the bank at the time, the decision was due to the delay in the repayment of the loan facility that the bank granted the institution towards the provision of about 7000 bed capacity hostel facilities.

While Ghana Cocoa Board asked lenders for a 10 - year facility, the banks indicated that they will consider loans for as long as five years, according to two people familiar with the matter.

President of the Senate, Bukola Saraki, has criticised commercial banks for the high interest rates they charge on loan facilities to Small and Medium Scale Enterprises.

By acting as a partial guarantor or «co-signer» for the school's lease or loan payment obligations, IBBF is used to induce, leverage and partially secure funding from private capital investors and traditional banking sources (landlords and lenders) to provide a 100 percent financed facility at an affordable cost to the charter school borrower.

(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.

In addition to the $ 270 million TIFIA loan (and $ 46 million in capitalized interest), this project is funded with Federal grants ($ 6 million), a State Transportation Trust Fund loan ($ 245 million), a Florida State Infrastructure Bank loan ($ 70 million), other State funds totaling $ 1 billion, MDAD funding ($ 155 million), toll revenue ($ 86 million), and dedicated and ancillary revenues that include customer facility charges, rent, etc. ($ 117 million).

It offers commercial and personal banking services, including checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans through its branch offices and a lending and operation service facility in Ottawa County, Kent County and northern Allegan County, Michigan.

These full service banks offer facilities like: savings and checking accounts, mortgage loans and cars loans and many others.

There are some other banks that deal only in credit card facilities and don't deal with consolidation loans.

A payroll advance is a type of short - term loan usually offered by a bank alternative such as a check - cashing facility.

Pawan has been able to maintain an excellent credit score because he ensures that he is never late with the EMI payments of his car loan and credit cards and for this he has set up an ECS facility from his bank account.

Bank loans represented by the S&P Leveraged Loan Index, designed to reflect the largest facilities in the leveraged loan marLoan Index, designed to reflect the largest facilities in the leveraged loan marloan market.

Because of the high level of job security, the repayments on auto loans for military personnel are basically guaranteed, especially when a facility can be created that sees the payments made automatically from the bank account of the borrower.

Owners may increase or lower the monthly installment amounts as per the profitability or they can also replay the full amount before tenure to close the loan account Even some banks and lenders can also offer you part - payment facility.

HDFC bank is a very friendly bank that offers exciting facilities to the loan borrowers.

A check overdraft facility is one example of a bank demand loan — if you don't have the money in your account to cover a check, the bank will loan you the money and pay the check, but you are expected to repay the bank quickly, usually with a penalty fee.

Many banks accepted minibonds as collateral for loans and credit facilities.

The Federal Reserve Board announces the creation of the Asset - Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) to extend non-recourse loans at the primary credit rate to U.S. depository institutions and bank holding companies to finance their purchase of high - quality asset - backed commercial paper from money market mutual funds.