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According to the company, proceeds from this term loan will be used to pay off the USD53m mortgage secured by the Marriott San Francisco Airport Waterfront and to pay down the outstanding balance on its unsecured line of credit.
The company may then also borrow from time to time under its unsecured line of credit to provide funds for general working capital and other corporate purposes, including the repayment of debt and selective development or redevelopment of science and technology urban campus assets.
To further enhance the service it provides to small business customers, First Niagara has introduced the Ready Access Line of Credit, an unsecured line of credit.
office portfolio and an unsecured line of credit for a major public homebuilder.
ILFC said that these major aircraft orders follow a year in which the company regained access to substantial liquidity with initiatives that led to USD14bn in financings and aircraft sales followed by a USD2bn revolving unsecured line of credit from 11 banks.
Upon reading my business plan, my bank went on to extend my business a $25,000 unsecured line of credit.
The property will be wholly owned by Developers Diversified, which will finance the acquisition using its unsecured line of credit.
The firm would also provide Revlon with a $100 million senior unsecured line of credit.
3 million, financing the purchase on an unsecured line of credit.
37%, to repay a $150 million term loan maturing in June 2012 and $71 million outstanding on the company's unsecured line of credit.
6m after deducting the underwriting discounts, commissions and expenses related to the offering were received by the company, which will use these to repay the outstanding debt on its unsecured line of credit.
9m) unsecured line of credit to Financiera Independencia SAB de CV SOFOM ENR, the microfinance lender said on Tuesday.