Sentences with phrase «proceeds 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.

CIT plans to use the proceeds 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.

Not exact matches

«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.

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.

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.

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.

The proceeds will be used for general corporate purposes and to repay existing debt.

Net proceeds from the offering will be added to CWB's capital base and used for general corporate purposes.

Microvision intends to use the proceeds from the issuance 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.

Net cash proceeds to the company after transaction costs and cash reserves were $ 236 million, which are available for general corporate purposes.

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.

Unless otherwise indicated in the applicable pricing supplement, the net proceeds from the offering of the notes will be applied for our hedging and general corporate purposes.

The Hanover plans to use the net proceeds from this offering for general corporate and working capital purposes, which may include repurchases of its common stock.

«We currently anticipate that we will use the net proceeds of the rights offering for general operating, working capital and other corporate purposes.

AGTC plans to use the net proceeds of the offering to fund preclinical investigation and Phase 1/2 trials of potential product candidates for treatment of wet AMD; to expand its manufacturing capabilities and create a pilot manufacturing group; to in - license, acquire or invest in complementary gene therapy, technologies, products or assets; and for working capital and other 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 purposFor MPG, the net proceeds of the transaction were approximately $ 103 million and will be available for general corporate purposfor general corporate purposes.

Excess proceeds will be used to fund this transaction and 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.

Simon plans to use net proceeds from the offerings to fund the purchase of a 28.7 percent equity stake in Klepierre, a French REIT, and the purchase of interest in 26 properties in the Mills portfolio from Farallon Capital Management LLC, as well as for general corporate and partnership 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.