Sentences with phrase «term loan facilities»

Developed and managed an existing loan portfolio of $ 32 million consisting of approximately 100 individual commercial mortgages, lines of credit and term loan facilities.

Technicolor on its comprehensive balance sheet restructuring, several term loan facilities and working capital facilities and repricings and other liability management transactions

Anastasia advises ship owners and financial institutions on term loan facilities for the acquisition of newbuilding or second - hand commercial ships, on debt finance restructurings, on revolving credit facilities and lease finance transactions.

As of March 31, 2015, the interest rate on the term loan facilities was 3.75 %.

On August 8, 2012, Blue Buffalo Company, Ltd., our wholly - owned indirect subsidiary, entered into a senior secured credit agreement, or credit agreement, with Citibank, N.A. as the administrative agent, swingline lender and issuing bank, Citigroup Global Markets Inc. and Morgan Stanley Senior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facility.

As of December 31, 2013, the Company had term loan facilities with a financial institution totaling $ 26.0 million consisting of a $ 14.0 million revolving line of credit, a $ 3.0 million senior term loan, and a $ 9.0 million mezzanine term loan facility.

NMG may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

On February 8, 2013, we entered into a repricing amendment with respect to the Senior Secured Term Loan Facility.

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 loans.

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.

We may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.

The interest rate on the outstanding borrowings pursuant to the Senior Secured Term Loan Facility was 4.00 % at April 27, 2013.

The revolving line of credit, senior term loan, and mezzanine term loan facility were all terminated in August 2014.

The annual interest rate on the mezzanine term loan facility is equal to 10.5 % per annum.

The closing of the sale of the Hercules 100 and Hercules 110 occurred in August 2009 and the net proceeds of $ 11.8 million from the sale were used to repay a portion of the Company's term loan facility.

Davis Polk advised the joint lead arrangers, joint bookrunners and the joint co-managers with respect to a $ 2.925 billion senior secured first - lien term loan facility provided to Avaya Inc. and a $ 300 million secured asset - based facility provided to Avaya and certain of its foreign subsidiaries in connection with its emergence from Chapter 11 bankruptcy.

Davis Polk advised the administrative agent, and the joint lead arrangers in connection with senior secured credit facilities provided to Black Knight InfoServ, LLC, consisting of a $ 1.25 billion term loan A facility and a $ 750 million revolving credit facility.

The proceeds of the facilities were used to refinance in full Black Knight's outstanding term loan A facility, term loan B facility and revolving commitment amounts.

Leading offshore law firm Appleby acted as Bermuda and Isle of Man counsels to security agent DNB Asia Ltd. (DNB Bank) on its US$ 300 million term loan facility provided to Crystal Acquisition Company Limited (Borrower).

A typical committed term loan facility agreement will contain a number of yield protection clauses which are designed to ensure that the bank, over the term of the commitment, receives the return which it expects when entering into such an agreement.

Leading offshore law firm Appleby acted as Bermuda and BVI counsels to China Orient Asset Management (International) Holding Limited (COAMI) in relation to a HK$ 560 million term loan facility granted by Ample Mark Enterprises Ltd. (Ample Mark), a wholly - owned subsidiary of COAMI, to Skyfame Realty (Holdings) Limited (Skyfame).

Cravath Represents Credit Suisse in Connection with Salient CRGT's Term Loan Facility and Revolving Credit Facility

The offer is to be financed through a combination of SoftBank's existing cash resources and borrowings under a new ¥ 1 trillion (approximately # 7.3 billion) term loan facility.

Leading offshore law firm Appleby acted as Bermuda and BVI counsels to China Orient Asset Management (International) Holding Limited (COAMI) in relation to a HK$ 560 million term loan facility granted by Ample Mark Enterprises Ltd. (Ample Mark), a wholly - owned subsidiary of COAMI, to Skyfame Realty...

Global law firm Norton Rose Fulbright has advised containership charter owner, Global Ship Lease (GSL), on its $ 360 million bond issuance and $ 54.8 m secured term loan facility..

Retail Opportunity Investments Corp. (ROIC) refinanced a $ 175 million senior unsecured revolving credit facility and a $ 110 million senior unsecured term loan facility.

ARC expects the $ 200 million interim term loan to be replaced by a senior secured five - year term loan facility led by Wells Fargo Bank, National Association.

Federal Realty Investment Trust entered into a $ 200 million unsecured term loan facility.

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.

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.

China's central bank on Thursday raised interest rates for its reverse repos and medium - term lending facility (MLF) loans by 5 basis points.

Note 3: We recorded additional interest expense related to the amortization of debt issuance costs affiliated with our Term Loan Credit Agreement and ABL Facility.

February 10: The U.S. Fed expands the Term Asset - Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more loans.

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.

These committed facilities consist of a $ 3.5 billion term loan and a $ 1.6 billion bridge loan that Loblaw plans to replace primarily through issuance of unsecured notes.

The Asset - Based Revolving Credit Facility provides that we have the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility provides that we have the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility may not exceed $ 1,000 million.

The Asset - Based Revolving Credit Facility provides that NMG has the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility provides that NMG has the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility may not exceed $ 1,000 million.

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.

«This credit facility provides OnDeck with long - term committed funding to support future loan growth.

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.»

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

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 progTerm 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 progterm assets including agency debt, agency mortgage - backed securities and long - term treasuries — the Large Scale Asset Purchase or LSAP progterm treasuries — the Large Scale Asset Purchase or LSAP program.

On December 28, 2011, the Company entered into a credit agreement, consisting of a term loan and a revolving credit facility.

As of December 31, 2013, $ 2.3 million was outstanding under the senior term loan, $ 9.0 million was outstanding under the mezzanine facility, and nothing was outstanding under the revolving line of credit.

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»).

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

Borrowings under the refinanced Credit Facility bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 % for the Term Loan only) plus 3.75 % per annum or (b) 2.75 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.