Sentences with phrase «debt facilities in»

Fortunately, the company extended its $ 150 million three year debt facilities in December.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Doray Minerals has refinanced a $ 55 million debt facility with Westpac to help fund development of its Andy Well stage 2 gold project in the Murchison region of Western Australia.
Throughout his career, Paul has been a key contributor to Delta's strategies and has been instrumental in a number of initiatives, including the purchase of the Trainer refinery from ConocoPhillips; the balance - sheet initiatives that have resulted in nearly $ 7 billion in debt reduction; the structuring of $ 1.8 billion in revolving credit facilities, the expansion of the T - 4 facility at JFK and the recently announced capital allocation strategy.
JERUSALEM, April 9 - Debt - laden Teva Pharmaceutical Industries said on Monday it would close an unprofitable plant in the Israeli port city of Ashdod in March 2019 after failing to find a buyer for the facility.
In 2016, China's state - owned shipping company Cosco bought a majority stake in Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisiIn 2016, China's state - owned shipping company Cosco bought a majority stake in Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisiin Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisis.
-- There are no meaningful debt maturities until ACT's US$ 3.2 billion acquisition credit facility matures in 2015.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionIn addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin a timely manner, could trigger a default of other obligations under cross-default provisions.
During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed securities.
Lynas is also working on extending the debt runway for its Japan Australia Rare Earths (JARE) loan facility, the bulk of which matures in June 2018.
In an effort to restart the securitization market, on November 25, the Fed announced the Term Asset Backed Securities Loan Facility (TALF).14 In December, the FOMC announced that it would begin to significantly expand its balance sheet through purchases of long - term assets including agency debt, agency mortgage - backed securities and long - term treasuries — the Large Scale Asset Purchase or LSAP program.
The Accel - backed fintech has just secured a $ 50 million debt facility from Keystone National Group to drive growth in account receivables and help «jumpstart» first - time credit owners» financial journeys.
The Revolving Credit Facility provides for a revolving total commitment of $ 50.0 million and bears interest, at our option, at either the prime rate or LIBOR plus, in each case, an applicable margin determined according to a grid based on a net funded debt to Adjusted EBITDA ratio.
We anticipate that borrowings under the New Credit Facility will bear interest, at our option, at either the prime rate or LIBOR plus, in each case, an applicable margin determined according to a grid based on a net funded debt to Adjusted EBITDA ratio.
We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions with affiliates; and make investments.
Just last month the company spent $ 160 million for more acreage in the Permian, financing the purchase with $ 125 million of high - yield debt and borrowings under its credit facility.
The company had $ 726 million in debt outstanding at the end of the first quarter of 2013, an increase of $ 8 million from year - end 2012, including $ 682 million in non-recourse securitized notes, of which $ 110 million has been drawn down under our warehouse credit facility, and $ 40 million of mandatorily redeemable preferred stock of a subsidiary.
The company had $ 774 million in corporate level debt outstanding at quarter - end, a decline of $ 76 million from year - end 2011, including $ 662 million in non-recourse securitized notes receivable and $ 109 million drawn on its $ 300 million warehouse credit facility.
PLX has no bank debt and positive working capital to fund low risk well recompletions, facilities expansion and drilling that should double production in H2 / 18.
Ray focuses on financial services and commercial real estate, with a specialization in negotiated private placements of term asset - backed securities, warehouse credit facilities, whole loan transactions, subordinated debt financings, and other transactions for specialty finance companies and commercial real estate.
The company had $ 714 million in corporate level debt outstanding at quarter - end, a decline of $ 136 million from year - end 2011, including $ 608 million in non-recourse securitized notes payable and $ 103 million drawn on its $ 300 million warehouse credit facility, which was repaid subsequent to the end of the second quarter with proceeds from the company's securitization of $ 250 million of vacation ownership notes receivable.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
At the end of December, $ US259.3 million of the debt facility was drawn and Atlas said it remained in compliance with its covenants.
Atlas is striving to complete a major restructuring of its Term Loan B debt facility announced in December, under which the miner's lenders would cancel about half the debt and extend its maturity date in exchange for 70 per cent of the company's shares and options on issue.
«At Directed Capital we are always looking to provide solutions for Main Street that traditional lenders do not have the capability or flexibility to assist with,» said Directed Capital's CEO Chris Moench, who has specialized in acquiring and repositioning debt for more than 25 years, «With the increase to our credit facility from our longtime lender Goldman Sachs, we were able to acquire these FDIC loans and expect to continue our long tradition of helping borrowers re-access traditional financing channels, while providing investors with superior returns typically uncorrelated with the market.
Dairy Crest has successfully completed a debt refinancing by arranging a new bank facility that will mature in October 2016 and by raising additional debt private placement.
In total, including existing debt private placement, theUKdairy group's facilities will remain broadly unchanged at over # 600 million.
Any infrastructure changes made in high times, such as building new barns or updating new parlors came with additional debt - to - service, and maximizing these facilities can help a farm endure tough times.
BUT, we mustn't forget that we are in another era now, no stadium debt, fantastic facilities, awesome team spirit, and some really top quality players coming through at Emirates.
In the past he has sold players to fund the stadium debt or to upgrade things like the training facilities.
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In exchange for assuming the private club's $ 450,000 debt, the park district would own the facilities, said Walt Schamber, park district general manager.
The Lib Dems had 65,038 members at the end of 2010 [167] and in the first quarter of 2008, the party received # 1.1 million in donations and have total borrowings and unused credit facilities of # 1.1 million (the «total debt» figure reported by the Electoral Commission includes, for example, unused overdraft facilities).
When factoring in debt service costs that would be required at the current jail and Sheriff's Office facilities for necessary maintenance, the total annual cost savings for taxpayers equate to $ 5.4 million annually for the new facility.
The report points to $ 385 million in new public authority debt for state and local facilities, as well as $ 750 million in public authority debt for unspecified transporation projects.
He lauded the turn - around success story of TOR in which the then defunct company is now refinancing its debts and repairing its storage facilities for the resumption of petroleum storage and its related products.
He added that the facility has been working to build a loyal customer base since coming out of bankruptcy proceedings that were filed in 2010 to pay back $ 25.9 million in debt.
During Bell's eighth parole hearing in early March, the state parole board approved Bell's release from Shawangunk Correctional Facility in Ulster County, determining «his debt has been paid to society.»
He said it was baffling for the staff to accuse the CEO of mismanaging the hospital's resources when in just under 14 months in office he together with the board have managed to almost completely settle a 6 million debt owed by the facility.
The site comes with pros — such as 93 parking spaces guaranteed to stay in municipal control — and cons, such as substantially increasing the debt service, taking on maintenance of an older building, and a need to hire new Department of Public Works staff to keep up with facilities.
In his budget address, Hein went out of his way to defend the Patriot House, saying that the eight - bed facility was debt - free and, in two years of operation, had assisted 53 veterans, including 43 from Ulster CountIn his budget address, Hein went out of his way to defend the Patriot House, saying that the eight - bed facility was debt - free and, in two years of operation, had assisted 53 veterans, including 43 from Ulster Countin two years of operation, had assisted 53 veterans, including 43 from Ulster County.
In addition, charter schools are generally required to spend a significant portion of their budgets on rent or facilities - related debt service, an extra cost that is generally not included in most charter - school funding formulaIn addition, charter schools are generally required to spend a significant portion of their budgets on rent or facilities - related debt service, an extra cost that is generally not included in most charter - school funding formulain most charter - school funding formulas.
«In 2008 alone, state and local governments spent more than $ 66 billion to improve the overall quality of school facilities, and another $ 400 billion is owed in school improvement and construction bond debt.&raquIn 2008 alone, state and local governments spent more than $ 66 billion to improve the overall quality of school facilities, and another $ 400 billion is owed in school improvement and construction bond debt.&raquin school improvement and construction bond debt
When the Aurora Expeditionary Learning Academy (AXL) in Aurora, CO refinanced higher cost debt through the Mountain West Charter Schools Fund, it was able to lower its overall facilities financing burden while funding additional improvements, resulting in more dollars for the classroom.
Data from the California Debt and Investment Advisory Commission revealed that school districts have authorized at least $ 75.2 billion in local bonds for school facilities since 1998.
Funding for the School Facilities Program is virtually gone and there is a backlog in applications for state assistance... while the state's growing debt service is of concern, it is unclear whether local districts have the capacity to generate sufficient revenue at the local level to meet their specific facility needs.
It takes the nonprofit organization's money, pays itself whatever it wants in rent (thereby eliminating any debt it incurred in constructing the facility), and reimburses itself for any and all real - estate - related expenses.»
In an effort to continue to improve school facilities and lessen the impact of future debt service repaid from the District's operating budget, in FY16, the CPS Board approved for the first time a statutorily — authorized annual Capital Improvement Tax (CIT) levy to aid in funding its ongoing Capital Improvement PrograIn an effort to continue to improve school facilities and lessen the impact of future debt service repaid from the District's operating budget, in FY16, the CPS Board approved for the first time a statutorily — authorized annual Capital Improvement Tax (CIT) levy to aid in funding its ongoing Capital Improvement Prograin FY16, the CPS Board approved for the first time a statutorily — authorized annual Capital Improvement Tax (CIT) levy to aid in funding its ongoing Capital Improvement Prograin funding its ongoing Capital Improvement Program.
Treasurer Janet Cowell warned of potential conflicts of interest for the legislation's biggest backer, a builder who stood to profit in facility - starved Robeson County, and swelling debt burdens for taxpayers in poor counties.
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