Sentences with phrase «for general corporate purposes»

The proceeds will be used for general corporate purposes and to repay existing debt.
The company plans to use the proceeds for general corporate purposes, including debt reduction.
In addition, approximately $ 6 million was used to pay transaction expenses and fund required reserves and the remainder will be used for general corporate purposes.
The company, which didn't disclose a price range or the number of shares it will offer, plans to use the proceeds for general corporate purposes.
The credit facility is available for general corporate purposes including acquisitions, new developments and maturing debt payoffs.
«Netflix intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions,» Netflix wrote in a statement Monday.
MicroVision intends to use the proceeds from the issuance for general corporate purposes.
The Los Angeles - based office REIT expects to net proceeds of about $ 332.2 million and said in a statement that it plans to contribute the funds to its operating partnership to use for general corporate purposes including acquiring properties and repaying outstanding debt.
We currently intend to use the net proceeds to us from this offering primarily for general corporate purposes, including working capital, sales and marketing activities, general and administrative matters and capital expenditures.
The luxury homebuilder intends to use the cash for general corporate purposes and to pay off debt, it said in a release.
FGL expects to use the net proceeds from the issuance of the notes for general corporate purposes, to support the growth of its subsidiary life insurance company and to pay a dividend to HGI.
Shares we repurchase will be held in treasury for general corporate purposes, including issuances under employee equity incentive plans.
The proceeds will be used to repay up to $ 2.15 billion in equity commitments from Brookfield, Fairholme and Pershing Square, as well as for general corporate purposes.
Net cash proceeds to the company after transaction costs and cash reserves were $ 236 million, which are available for general corporate purposes.
In addition, approximately $ 122 million was used to repay all outstanding amounts previously drawn under Marriott Vacations Worldwide's $ 250 million warehouse credit facility, approximately $ 6 million was used to pay transaction expenses and fund required reserves and the remainder will be used for general corporate purposes.
Microvision intends to use the proceeds from the issuance for general corporate purposes.
Netflix intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.
In addition to helping with its capital expenditures, the proceeds will also be used to repay commercial paper as it matures and for general corporate purposes, the company said.
Twilio plans to use proceeds from the offering for general corporate purposes, including investing in engineering, sales and marketing and to enhance its technology platform, according to the prospectus.
Net proceeds from the offering will be added to CWB's capital base and used for general corporate purposes.
The Hershey Company intends to use the net proceeds of the Notes Offering to repay a portion of the commercial paper it issued to fund its acquisition of Amplify Snack Brands, Inc. and pay related fees and expenses and for general corporate purposes.
As for the remainder, it has said only that the money will be used for general corporate purposes, meaning anything from working capital to acquisitions to dividends and buybacks.
Net cash proceeds to the company after transaction costs, cash reserves and repayment of amounts outstanding under the company's warehouse credit facility were $ 132 million, which are available for general corporate purposes.
This transaction generated approximately $ 22.5 million of net cash proceeds to the company after transaction costs and cash reserves, which are available for general corporate purposes.
Of the approximately $ 238 million in proceeds from the transaction (before transaction expenses and required reserves), approximately $ 101 million was used to repay amounts previously drawn under Marriott Vacations Worldwide's $ 300 million warehouse credit facility, and the remainder will be used for general corporate purposes.
The company plans to use at least 75 % of the issue proceeds for its lending activities and to repay its existing loans and up to 25 % of the proceeds for general corporate purposes.
Equinix, Inc. intends to use the proceeds from the offering, together with the proceeds from its concurrent notes offering and existing term loan B borrowings, to finance the previously announced proposed acquisition of the colocation services business of Verizon Communications Inc. at 24 data center sites in the United States, Brazil and Colombia and related transaction fees and expenses and for general corporate purposes.
The net proceeds of the offering will be used for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness.
The new credit facilities refinanced certain pre-existing debt of Nu Skin and are available for general corporate purposes.
Net proceeds from the transaction are estimated to be approximately $ 103 million and will be available for general corporate purposes, including potential loan rebalancing in connection with the refinancing of the MPG's upcoming 2013 debt maturities.
For MPG, the net proceeds of the transaction were approximately $ 103 million and will be available for general corporate purposes.
Excess proceeds will be used to fund this transaction and for general corporate purposes.
Proceeds from the financing, which was provided by Wells Fargo Bank, will be used for general corporate purposes.
The net cash proceeds to Ventas of $ 35 million will be used to pay down debt or for general corporate purposes.
Washington Prime Group, formerly known as WP Glimcher Inc., says proceeds will be used to reduce outstanding debt and for general corporate purposes.
National Retail Properties plans to use the proceeds from the transaction to repay borrowings under its credit facility, for general corporate purposes and to fund future property acquisitions.
Net proceeds of $ 74.6 million will be used to repay borrowings under the company's $ 160 - million line of credit and for general corporate purposes.
Proceeds from the share subscription will provide additional liquidity to Sears Holdings and are expected to be used for general corporate purposes.
Weingarten plans to use the proceeds from the facility to fund acquisitions and new development activities, and for general corporate purposes.
The remaining net proceeds reportedly will be used for general corporate purposes and to reduce outstanding borrowings under Taubman's revolving lines of credit.
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