The four-year term loan will mature on 11 August 2021 and the revolving
credit facility has a two-year commitment and matures on 11 August 2019.
KB Home's revolving
line of credit was issued through a geographically diverse group of leading banks including Bank of America, Bank One, Fleet Bank, Credit Lyonnais, Wachovia Bank, Key Bank and Sun Trust Bank.
The proceeds of any revolving
credit loans made pursuant to the second agreement had to be used for (1) refinancing T's existing debt (including any associated fees and expenses) and (2) T's general working capital needs and other corporate purposes.
What makes a revolving
door a "security" revolving
Museum is a striking example of what a cultural institution can do to strengthen a community," said Mary Kelley, MCC's executive director.
Lemminkainen Oyj (HEX: LEM1S) today announced a decrease in the amount of requirement under its EUR260m revolving
That effectively exempted all administration officials from the revolving
Commenting on the facility, the company's Chief Financial Officer, Mark Cozzi, said that "With the closing of the JPMorgan Chase revolving
credit facility, Leor has achieved an important and impressive milestone.
1 Part in respect of 6,000,000,000 HUF, ie HUF six billion revolving
in nature, revolving
credit facility providing state-absolute guarantees as part of the loan agreement.
Provider of processing solutions AMD (NYSE: AMD) announced on Tuesday that the company and its subsidiary, AMD International Sales & Service Ltd, have entered into a loan and security agreement for a principal amount up to USD500m, or the secured revolving
line of credit, with a group of lenders.
Consistent with these new financing arrangements, the proceeds of the new term loans were used to repay, in full, all outstanding obligations under the term loan facility previously provided by Bank of America pursuant to the terms of Quaker's May 18, 2005 senior secured credit facility with the Bank, and the Company's Bank of America loan agreement was amended and restated to reflect the terms of the new revolving
275bn asset-based revolving
credit facility (the revolving
credit facility in an aggregate amount of US$75.
s (TOA) revolving
credit facility, senior unsecured notes and senior subordinated notes to reflect the changes in priority of debt repayments following TOA's $800 million revolving
credit facility being changed from an unsecured facility to a secured facility.
Senior unsecured debt and revolving
credit facility 'BB+';