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Latest Letter of credit Stories

2014-05-13 16:23:09

MORRISTOWN, N.J., May 13, 2014 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) is warning customers about a long-running, nation-wide utility scam that is again being reported in New Jersey involving a caller posing as an electric company employee threatening to shut off power unless an immediate payment is made using a pre-paid debit card such as a Green Dot card. These pre-paid cards typically are available at convenience stores and drug stores and can be used by consumers to...

2014-01-06 23:24:26

Key enhancements improve online letter of credit presentation process for examining and issuing banks. Austin, TX (PRWEB) January 06, 2014 Trade Technologies, the global leader in international trade document solutions, announced today the release of the latest version of its patented global trade platform. This new release further improves the international trade documentation process for the Company’s exporter, trade bank and freight forwarder clients. The most significant changes in...

2013-02-13 23:01:23

Trade Technologies Achieves New Thresholds in Revenues, Online Presentations and Transaction Volumes AUSTIN, TX (PRWEB) February 13, 2013 Trade Technologies, the global leader in international trade document solutions, announced today that in 2012 they surpassed their record-breaking performance for 2011. For 2012, Trade Technologies processed over $9 billion of international trade transactions -- completing over 28,000 transactions (up 12% from 2011) and achieving record revenues (an...

2011-06-28 03:30:00

TEL AVIV, Israel, June 28, 2011 /PRNewswire/ -- Attn. Israel Securities Authority By Magna Attn. The Tel-Aviv Stock Exchange Ltd. By Magna Dear Sir or Madam, Pursuant to the Immediate Reports dated January 16, 2011 (ref. no. 018612-01-2011), May 16, 2011 (ref. no. 149553-01-2011), May 24, 2011 (ref. no. 159246-01-2011), June 5, 2011 (ref. no. 175536-01-2011), June 6, 2011 (ref. no. 177474-01-2011), June 13...

2010-12-07 10:23:00

LOUISVILLE, Ky., Dec. 7, 2010 /PRNewswire-FirstCall/ -- Almost Family, Inc. (Nasdaq: AFAM), a leading regional provider of home health nursing services, announced today it has entered into a new five-year $125 million revolving credit facility that increases its financial flexibility through 2015 (the Facility). J.P. Morgan Securities LLC acted as sole bookrunner and sole lead arranger, while Bank of America, N.A. acted as syndication agent under the Facility which replaced the...

2010-10-19 15:44:00

EL SEGUNDO, Calif., Oct. 19 /PRNewswire-FirstCall/ -- Big 5 Sporting Goods Corporation (Nasdaq: BGFV), a leading sporting goods retailer, today announced it has entered into a new credit agreement, arranged by Wells Fargo Capital Finance, with Wells Fargo Bank, as Administrative Agent and Collateral Agent, Bank of America, as Documentation Agent, PNC Bank and Union Bank. The new credit agreement provides for a revolving credit facility with aggregate availability of up to $140 million,...

2009-08-04 17:20:00

NEW ALBANY, Ohio, Aug. 4 /PRNewswire-FirstCall/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI) today announced it has completed a private exchange with certain holders of its 8.0% Senior Notes due 2013 (the "8.0% Notes") and entered into a new discounted Second Lien Term Loan (the "Second Lien Term Loan"). The Company also announced it has entered into a second amendment (the "Second Amendment") to its asset based Loan and Security Agreement (the "Credit Facility") with Bank of America,...

2009-08-04 08:01:00

AKRON, Ohio, Aug. 4 /PRNewswire-FirstCall/ -- FirstEnergy Corp. (NYSE: FE) today announced the commencement of a cash tender offer for up to $725,000,000 in aggregate principal amount of its outstanding 6.45% Notes, Series B, Due 2011. If consummated, the tender offer will be funded with cash on hand or borrowings under FirstEnergy's $2.75 billion revolving credit facility. The purpose of the tender offer is to reduce FirstEnergy's debt and interest expense. The tender offer is being...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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