Sentences with phrase «debt facility»

The round also includes a new debt facility to fund school expansion.

Construction of the facility will be funded through debt facilities.

New Standard Energy has secured $ US3 million ($ A3.9 million) from its existing debt facility with Credit Suisse to provide working capital while it continues transaction discussions with unnamed parties.

Fully funded with Murray Goulburn having secured debt facilities from its existing financiers National Australia Bank Limited (NAB), Australia and New Zealand Banking Group Limited (ANZ) and Westpac Banking Corporation (WBC).

The net proceeds from the loan were applied to Horizon Group's existing debt facility with Capital Company of America (CCA), successor to Nomura Asset Capital Corp..

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

Sheffield Resources has mandated finance group Taurus to arrange a $ US200 million ($ A255 million) debt facility for development of its Thunderbird mineral sands project, and also named GR Engineering Services as its preferred contractor.

Corporate banking: Graham advises lenders and borrowers on debt facilities ranging from sub # 10 million to # 500 million, including bilateral and syndicated facilities, security, intercreditor arrangements and private placements, event - driven and working capital facilities.

The 10 - year debt facility, with a fixed interest rate, will be used to finance the seed portfolio of a vehicle managed by Corestate on behalf of the German pension fund.

Carillion has committed debt facilities of about 1.6 billion pounds to banks including RBS, Santander UK, Lloyds, HSBC and Barclays.

Herbert Smith Freehills has advised Airport Motorway Limited and AMT Management Limited in its capacity as trustee of the Airport Motorway Trust on a new $ 226 million four year bank debt facility to support the Eastern Distributor in Sydney.

Gold hopeful ABM Resources has restructured its board and initiated a capital raising and debt facility agreement as it progresses its Tanami tenements in the Northern Territory.

OnDeck also extended the maturity date of its asset - backed debt facility that finances its line of credit offering to May 2019, increased the facility's borrowing capacity to $ 100 million, and decreased the funding costs by 200 basis points.

Mr. Albano leads Citi's distribution and syndication efforts for corporate and project level commercial real estate debt facilities.

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.

SkyPower has also successfully raised USD $ 250 million in project financings, and has arranged for corporate debt facilities totalling USD $ 100 million.

Fellow co-head James Reed advised Oxygen Freejumping on its first major fundraising, resulting in an # 8m debt facility with Beechbrook Capital and # 2m additional equity investment from the client's existing shareholders.

the co-ordinating committee of secured creditors on the restructuring of Van Gansewinkel Groep's syndicated debt facilities

She advises clients on corporate finance, bankruptcy and creditor - debtor relations law, and counsels public and private companies in connection with senior and subordinated debt facilities and receivables financing, including factoring transactions and securitizations and the issuance of true sale and non-consolidation opinions.

Our Finance team acts for banks and borrowers in respect of the various debt facility arrangements appropriate to corporate transactions.

Centro Retail's net proceeds of $ 500 million will be used to retire the bulk of the entity's expiring Australian debt facilities.

Branch also secured a $ 50 million debt facility from Victory Park Capital, an investment firm with a focus on alternative credit whose portfolio includes LendUp.

AUS: Lion Nathan secures funding Lion Nathan has secured debt funding, with a weighted average maturity of over four years, to refinance existing debt facilities.

Syrah has moved to put a $ 50 million debt facility in place to cover any contingencies or unforseen events that could occur as the mine ramps up over the next six to 12 months, cooling fears of an equity raising.

Cineworld said it expected to fund the deal through a rights issue to raise about 1.7 billion pounds ($ 2.3 billion), with the rest provided by committed debt facilities and existing cash.

National Australia Bank has underwritten a new $ 130 million debt facility for initial public offering hopeful Craveable Brands.

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.

Specifically, grants from the California Endowment, JP Morgan and the federal Healthy Food Financing Initiative created a $ 7.5 million loan loss reserve, which protects senior lenders in FreshWork's debt facility.

Perth - based contractor and surveyor OTOC has obtained approval for an $ 8.1 million debt facility from the Commonwealth Bank of Australia, on top of an $ 8.2 million facility it was awarded from the CBA last year.

Education provider Navitas has increased its debt facilities by $ 125 million to pave the way for future investments and initiatives.

During the year the company managed to pay down a whopping AUD$ 45m on its debt facility to financier Investec which represents 45 % of the facility.

The equity came from return backers like Stanmore Medical Investments and Aphelion Capital, while Silicon Valley Bank provided the debt facility.

The retail property giant has agreed with a consortium of lenders led by Santander a reduction of margin and an extension of maturity for the debt facility.

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.

Tech: An earlier version of the following story misstated the company whose $ 1 billion debt facility will be spent on global growth strategies.

Additionally, MediaMath increased its borrowings to $ 105 million; the debt facility was led and syndicated through Silicon Valley Bank.

At the end of December, $ US259.3 million of the debt facility was drawn and Atlas said it remained in compliance with its covenants.

But in better news, it announced on Wednesday that it had extended its three - year, $ 150 million debt facilities with National Australia Bank and Westpac.

Expect transaction to be financed with existing cash on hand and a non-dilutive increase to $ 80 million of the Company's existing debt facility, with JPMorgan Chase Bank, N.A. and Silicon Valley Bank acting as co-lead agents

So they will need to hold enough cash after 2014 to ensure that they can meet all their servicing requirements without recourse to a debt facility.

This hasn't happened due to the production problems to date, and the company's down to about 0.9 years of cash burn left (unfortunately funded by drawing down on a debt facility).

A significant $ 30m debt facility secured with Westdeutsche ImmobilienBank AG earlier this year for the financing of two new hotels in Berlin, in addition to existing finance facilities with FIH Bank, is testament to Adina's strength and investors» confidence in the brand.

The transaction is part of a larger fundraising exercise carried out by Pharming to raise $ 104 million before costs (comprising of straight debt, convertible bonds and proceeds of rights issue) to, amongst others, acquire all commercialisation rights to its own product RUCONEST ® in North America and to repay its existing debt facility.

a captive finance provider in connection with the restructuring of their debt facilities to a Middle - Eastern borrower

Branch also secured a $ 50 million debt facility from Victory Park Capital, an investment firm with a focus on alternative credit whose portfolio includes LendUp.