Sentences with phrase «new credit facility»

The REIT also closed on $ 2.6 billion in new credit facilities that helped fund the purchase.

Accomplishments * Negotiated new credit facility with a 47 % cap increase to fund acquisition * Implemented safety policies and training to secure a 33 % reduction in Worker's Comp costs * Secured healthcare renewals of under double with only single - digit increase for three years running * Conducted a total of approx. 30 new accounting software conversions * Designed, implemented and managed financial and plant operating syst...

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 %.

We anticipate that the New Credit Facility will mature and all amounts outstanding will be due and payable five years from the effective date of the New Credit Facility.

The actual terms of the New Credit Facility will depend on the results of negotiations with lenders.

In addition, the New Credit Facility will contain certain cross-default provisions.

He added that the new credit facility from Keystone National Group will help his company «bring deserving consumers to the credit system who are often overlooked by the traditional approach and allow them to pave their path of financial independence.»

Additionally, in connection with this offering, we anticipate that SSE Holdings will enter into an amendment to the Revolving Credit Facility or obtain a new credit facility, which we refer to as the «New Credit Facility.»

Unlike the Berkshire lifeline, which is set to expire at the end of next month, the new credit facility will carry a 0.75 per cent commitment fee upfront, but its standby fee and interest rate will be less onerous than under the terms of the Berkshire agreement.

The new credit facilities refinanced certain pre-existing debt of Nu Skin and are available for general corporate purposes.

«There was very strong lender demand in our new credit facility, with commitments received from 33 financial institutions aggregating over $ 5 billion,» said Simon Chairman and CEO David Simon in a statement.

WLL has $ 234.2 M in loans and letters of credit outstanding, according to an 8 - K filing detailing the new credit facility.