Not exact matches
Many small businesses must rely on
loans or other forms of credit to finance day - to - day purchases or long - term investments
in facilities and equipment.
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.
Engineering company Monadelphous Group has provided its joint venture partner AnaeCo with a $ 4.6 million
loan facility to help fund the remaining cost of the company's WMRC project
in Shenton Park.
VDM Group has finalised terms for an $ 18 million
loan facility with its largest shareholder to fund an investment
in a copper project located
in the Republic of Angola.
«
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 Account
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 Account
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 Account
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 Account
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 Account
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 Account
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.
This program extends
loans to small businesses engaged
in the planning, design, or installation of pollution control
facilities.
In addition, at any time when incremental term
loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit
Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.
There is no scheduled amortization under the Asset - Based Revolving Credit
Facility; the principal amount of the revolving
loans outstanding thereunder will be due and payable
in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term
Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).
In addition to extending the maturity of a portion of the existing term loans under the Senior Secured Term Loan Facility, the TLF Amendment changed the «applicable margin» used in calculating the interest rate under the term loan
In addition to extending the maturity of a portion of the existing term
loans under the Senior Secured Term
Loan Facility, the TLF Amendment changed the «applicable margin» used
in calculating the interest rate under the term loan
in calculating the interest rate under the term
loans.
If at any time the aggregate amount of outstanding revolving
loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit
Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value
in excess of $ 25 million, if applicable), NMG will be required to repay outstanding
loans or cash collateralize letters of credit
in an aggregate amount equal to such excess, with no reduction of the commitment amount.
In addition, at any time when incremental term
loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit
Facility exceeds the reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.
The amendment provided for (i) an immediate reduction
in the interest rate margin applicable to the
loans outstanding under the Senior Secured Term
Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for
loans outstanding under the Senior Secured Term
Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term
loans, the proceeds of which were used to repay the outstanding
loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders)
in an aggregate principal amount of approximately $ 99.6 million, which is the amount of
loans held by such Non-Consenting Lenders on February 8, 2013.
In particular, Credit Suisse Securities (USA) LLC's affiliate, Credit Suisse AG, is the Administrative Agent and Collateral Agent for our Senior Secured Term
Loan Facility, and each of the Underwriters (or an affiliate thereof), are Joint Bookrunners and Joint Lead Arrangers thereunder.
If at any time the aggregate amount of outstanding revolving
loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit
Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value
in excess of $ 25 million, if applicable), we will be required to repay outstanding
loans or cash collateralize letters of credit
in an aggregate amount equal to such excess, with no reduction of the commitment amount.
Lynas said
in its full year results last month it had just been breaking even
in the low price environment and would «require either amendments to the terms of its
loan facilities or alternative sources of funding.»
Loans under the new credit
facility bear interest, at our option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period
in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.
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.
Loans under the new credit
facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period
in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.
Loans under the credit
facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period plus 1.00 %,
in each case plus a margin ranging from 0.00 % to 0.75 % or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 1.75 %.
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.
Bank
loans represented by the S&P Leveraged
Loan Index, designed to reflect the largest facilities in the leveraged loan mar
Loan Index, designed to reflect the largest
facilities in the leveraged
loan mar
loan market.
Amounts related to the DOE
Loan Facility are not reflected
in the table above.
The revolving line of credit, senior term
loan, and mezzanine term
loan facility were all terminated
in August 2014.
However,
in January 2010, we issued a warrant to the DOE
in connection with the closing of the DOE
Loan Facility to purchase shares of our Series E convertible preferred stock.
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.
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..
In connection with the Offer, in August 2011, HP entered into a new # 5 billion ($ 8.2 billion) 364 - day unsecured bridge term loan agreement (the «Bridge Facility»
In connection with the Offer,
in August 2011, HP entered into a new # 5 billion ($ 8.2 billion) 364 - day unsecured bridge term loan agreement (the «Bridge Facility»
in August 2011, HP entered into a new # 5 billion ($ 8.2 billion) 364 - day unsecured bridge term
loan agreement (the «Bridge
Facility»).
Similar to the NHSC programs, the Indian Health Services
Loan Repayment Program offers to pay up to $ 40,000 of your
loans in exchange for two years of commitment to practice
in health
facilities that serve American Indian and Alaska Native communities.
Greece was officially declared
in default on Friday by the European Financial Stability
Facility, which holds 144.6 billion euros ($ 160 billion) of Greek
loans.
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.
Registered nurses who work at least 32 hours a week at a qualified
facility can get 60 percent of their student
loans paid
in two years of employment.
Remington will then have a new Asset Based
Loan (ABL)
facility of $ 193 million, the proceeds of which will refinance the existing ABL
facility in full.
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 S&P LSTA U.S. Leveraged
Loan 100 Index measures the performance of the largest facilities in the leveraged loan mar
Loan 100 Index measures the performance of the largest
facilities in the leveraged
loan mar
loan market.
If you end up
in a nursing home or assisted living
facility, your house won't be your primary residence, your HECM payments will stop and the
loan will be terminated.
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 vast majority of borrowings are under an evergreen
loan facility and as at the close of the financial year were priced at just over 3 per cent,
in line with commercially available market rates,» said the company.
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.
The value of housing
loan approvals and movements
in housing credit outstanding track one another closely (Graph C1), although the value of approvals is typically at least double the dollar value of the movement
in credit, due to repayments of principal and drawdowns of existing
facilities.
At the same time, the TLTRO
facility will potentially enable them to make very profitable
loans to precisely those companies
in regions that need it the most.
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.
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.
Financial deregulation and the associated increase
in competition among lenders has also played a role by making
loans cheaper, easier to obtain, particularly to investors, and providing innovations such as home equity
loans and redraw
facilities.
«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.
«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.
«The RIC will administer the government's remaining $ 2 billion investment
in concessional
loans from 2018 — 19, as well as the $ 2 billion National Water Infrastructure
Loan Facility.
In August, 2015, USDA expanded the Farm Storage
Facility Loan program to provide producers of milk, cheese, butter, yogurt, meat, eggs, seafood, flowers, rye, maple sap and hops low - cost
loans for on - farm storage
facilities.
We can
loan him out for a couple of seasons so yes we can blame him, we gave him a great chance
in life, worked with people who put allot of time into him and who gave him second to none type
facilities.