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Latest Line of credit Stories

2014-08-14 16:23:32

(All figures are in US dollars unless otherwise indicated) VANCOUVER, Aug. 14, 2014 /PRNewswire/ - New Gold Inc. ("New Gold") (TSX:NGD) and (NYSE MKT:NGD) is pleased to announce that it has entered into a $300 million revolving credit facility with a syndicate of banks led by The Bank of Nova Scotia and RBC Capital Markets (the "Facility"). The Facility has a term of four years and replaces the company's previous $150 million revolving credit facility. As the previous revolving...

2014-06-03 20:20:09

BURLINGAME, Calif., June 3, 2014 /PRNewswire/ -- AeroCentury Corp. (NYSE MKT: ACY), an independent aircraft leasing company, today announced that it has closed a new revolving credit facility. The $180 million credit facility replaces the Company's former $130 million facility and can be expanded to $200 million. The facility has a five-year term ending on May 30, 2019. The credit facility syndication was led by Union Bank, N.A. as Sole Lead Arranger, Sole Bookrunner and...

2014-06-02 08:21:15

RANCHO CORDOVA, Calif., June 2, 2014 /PRNewswire/ -- GenCorp Inc. ("GenCorp" or the "Company") (NYSE: GY) today announced that it entered into an amended and restated $300 million credit facility. The new credit facility amends and restates the Company's prior credit agreement and, (i) extends the maturity date to May 30, 2019 (which date may be accelerated in certain cases); and (ii) replaces the existing revolving credit facility and credit-linked facility with a revolving credit...

2014-05-14 16:28:08

CHICAGO, May 14, 2014 /PRNewswire/ -- Aviv REIT, Inc. (NYSE: AVIV) announced today it has refinanced its existing $400 million secured revolving credit facility with a new $600 million unsecured revolving credit facility (the "Credit Facility"). The Credit Facility has a rate that ranges from 170 to 225 basis points over LIBOR depending on the Company's consolidated leverage and a maturity date of May 2018. The Credit Facility can be extended for an additional year at the Company's...

2014-01-16 08:24:07

BEIJING, Jan. 16, 2014 /PRNewswire/ -- VisionChina Media Inc. ("VisionChina Media" or the "Company") (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced that its consolidated variable interest entity, VisionChina Media Group Co., Ltd. ("VisionChina Media Group" or "Borrower"), has been granted an extension of its existing secured revolving credit facility (the "Credit") from China Construction Bank...

2014-01-06 16:23:51

HOUSTON, Jan. 6, 2014 /PRNewswire/ -- Endeavour International Corporation (NYSE: END) (LSE: ENDV) today announced that it intends to refinance its existing revolving credit facility and two reimbursement agreements with new credit facilities. The Company is in discussion with prospective lenders regarding the new facilities. Terms will be disclosed upon the completion of the refinancing. However, there can be no assurance that new credit facilities will be put into place. Credit...

2013-09-25 23:25:24

Cash Funds Fast announces that it has emergency business loan products options available. Interested companies are urged to act quickly to lock in the best rates now. Nationwide (PRWEB) September 25, 2013 An unsecured business bank loan is hard to come by these days, especially small business loans for the service and retail sector. Professional organizations, such as law practices, architectural firms, and engineering consultants are likewise being shut out. Credit unions have filled...

2013-09-17 23:35:34

LoanLove.com provides some helpful tips for borrowers in a newly released credit repair guide. San Diego, CA (PRWEB) September 16, 2013 LoanLove.com is a borrower advice website that provides detailed insights into the mortgage industry in a fun and entertaining way. The team at LoanLove.com is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry professionals and has the mission of helping...


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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