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Latest Revolving credit Stories

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...

2014-05-13 23:11:58

Using GetFinancing technology and marketing tools, participating merchants can offer shoppers in a matter of seconds, revolving credit lines, installment loans as well as leases right from their checkout page. Newark, New Jersey (PRWEB) May 13, 2014 GetFinancing, a leading provider of Instantaneous Consumer Credit to Online Retailers, completed on its state-of-the- art Purchase Finance Gateway the integration of a multitude of retail Consumer Lending Banks and Pier to Pier Lending...

2014-05-02 08:29:49

Repays Santander Bank Loan, Regains Compliance with Subordinated Lender WATERTOWN, Mass., May 2, 2014 /PRNewswire/ -- Dynasil Corporation of America ("Dynasil" or the "Company") (NASDAQ: DYSL), a developer of sensing, detection and analysis technology for homeland security, medical and industrial applications, announced today that it entered into an agreement with Middlesex Savings Bank to establish a revolving line of credit of up to $4 million, subject to availability restrictions...

2014-04-09 16:22:17

VAN BUREN TOWNSHIP, Mich., April 9, 2014 /PRNewswire/ -- Visteon Corporation (NYSE: VC) today entered into a credit agreement for a total commitment of $800 million, including a $600 million seven-year term loan B with a final maturity date of April 9, 2021, and a $200 million five-year revolving credit facility with a maturity date of April 9, 2019. http://photos.prnewswire.com/prnvar/20001201/DEF008LOGO Pricing on the new term loan was set at Libor plus 275 basis points, with a...

2014-04-08 08:25:10

Fund to Support SunEdison's North America Growth BELMONT, Calif., April 8, 2014 /PRNewswire/ -- SunEdison (NYSE: SUNE), a leading provider of solar energy solutions and services, announced today that is has closed the first $150 million of a $300 million three-year project finance revolving credit facility arranged by Deutsche Bank Securities, Inc. to support the development and acquisition of new projects in the United States and Canada. The credit facility is immediately...

2014-04-03 08:33:17

NORTHBROOK, Ill., April 3, 2014 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone" or "the Company") amended its July 18, 2013 credit facility agreement on April 2, 2014. The amendment reduces the borrowing rates for outstanding term loans and for any future borrowings under the $400 million revolving credit facility. The interest rates are based on LIBOR rates plus margin determined from a pricing grid based on the Company's debt to EBITDA ratio as...

2014-04-01 08:21:32

STAMFORD, Conn., April 1, 2014 /PRNewswire/ -- Aircastle Limited ("Aircastle" or the "Company") (NYSE: AYR) announced today that it closed a $450 million unsecured revolving credit facility with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A. and Royal Bank of Canada, as Joint Lead Arrangers, and Citibank, N.A. as agent. The bank group was expanded to nine institutions and the facility's term was extended to four years and will expire in March 2018. The facility,...

2014-03-26 08:22:24

SALT LAKE CITY, March 26, 2014 /PRNewswire/ -- Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has signed a letter of intent to provide a $1 million revolving secured credit facility to Gold Rush Refiners, LLC, a distressed Georgia based gold and precious metals refinery. The facility will be offered exclusively for the purpose of acquiring gold and precious metals inventory and will be secured by both the inventory itself, and a senior position on the...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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