QUOTES WITH «REVOLVING CREDIT»
Famous quotes and sentences with the word
revolving credit.
I mean, what Fiat had it was not very big, it was something like forty or fifty million dollars, but it's enough to get revolving credit, to get starting away again, the buying of new machinery.
10 ENGLISH BOOKS RELATING TO «REVOLVING CREDIT»
Discover the use of
revolving credit in the following bibliographical selection. Books relating to
revolving credit and brief extracts from same to provide context of its use in English literature.
1
International Trade & Business Law & Policy
Revolving credit A revolving credit is used commonly where the buyer (importer)
is a regular customer of the seller (exporter), or where the buyer receives goods
from the exporter in instalments at specified intervals. In such cases, provisions ...
2
Encyclopedia of Finance
[See also Revolving credit agreement] 95. Revolving Credit Agreement Banks
usually grant lines of credit for specific lengths of time, usually one year or less.
The parties may, of course, renegotiate the loan to provide the funds for a longer
...
Cheng-Few Lee, Alice C. Lee, 2006
3
Contemporary Mathematics for Business and Consumers, Brief ...
This option leaves a carryover balance, which accrues finance charges by using
the simple interest formula Interest 5 Principal 3 Rate 3 Time The name revolving
credit comes from the fact that there is no set number of payments as with ...
4
Practical Financial Management
Revolving Credit Agreements: Concept Connection Example 16-2 (page 678) 6.
Thompson Inc. has a $10 million revolving credit agreement with its bank. It pays
interest on borrowing at 2% over prime and a .25% commitment fee on available
...
5
Corporate Finance: A Focused Approach
A revolving credit agreement is a formal line of credit often used by large firms. To
illustrate, suppose in 2010 Texas Petroleum Company negotiated a revolving
credit agreement for $100 million with a group of banks. The banks were formally
...
Michael C. Ehrhardt, Eugene F. Brigham, 2010
6
Distressed Debt Analysis: Strategies for Speculative Investors
Under a typical revolving credit facility, the maximum amount the lenders will
advance will be determined up front (e.g., $100 million), but the maximum
amount that the borrower can borrow, typically referred to as "draw down," at any
one time ...
7
Fundamentals of Financial Management
A revolving credit agreement is a formal line of credit. To illustrate, in 2005 a
Texas petroleum company negotiated a revolving credit agreement for $100
million with a group of banks. The banks were formally committed for four years to
lend ...
Eugene F. Brigham, Joel F. Houston, 2007
8
Financial Reporting and Analysis: Using Financial Accounting ...
Effective March 31, 2008, the Company exercised the expansion option under its
$400.0 million revolving credit facility to increase the facility size to $500.0 million
in order to provide additional borrowing availability. The Company utilized the ...
From the viewpoint of the creditor, the benefits of revolving credit are most
evident when it is supplier-connected, for the credit facility then acts as a
propellant for sales, on which the seller makes his primary mark-up, the credit
being ancillary to ...
Royston Miles Goode, 1978
10
Basic Finance: An Introduction to Financial Institutions, ...
period ofthe loan has elapsed. These differences may be seen by the following
illustration of terms: Bank A: $1,000,000 revolving credit for one year at 10
percent with a fee of 1/2 percent of the amount of the loan Bank B: $1,000,000
revolving ...
10 NEWS ITEMS WHICH INCLUDE THE TERM «REVOLVING CREDIT»
Find out what the national and international press are talking about and how the term
revolving credit is used in the context of the following news items.
Nabors Extends Term of Revolving Credit Facility, Increases …
In addition, the term of the revolving credit facility has been extended until July 2020 ... Under the terms of the revolving credit agreement, as amended, Citigroup ... «MarketWatch, Jul 15»
Credit card spends soar, but revolving credit, loans decline
Indians are spending more than ever on their credit cards. In comparison, the amount on which a card user pays interest—both revolving credit and loans—has ... «Livemint, Jul 15»
TEGNA announces new $1.3 billion revolving credit facility and 5 …
“We are very pleased with the terms of our revolving credit facility and term loan, both of which reflect the financial strength and projected growth trajectory of ... «MarketWatch, Jul 15»
Iron Mountain Incorporated Refinances Existing $1.5 Billion …
Proceeds are expected to be used to repay amounts outstanding under the company's existing revolving credit facility and term loan and for general corporate ... «MarketWatch, Jul 15»
IDEX Corporation Closes Five Year $700 Million Senior Revolving …
... that it has closed a new five year, $700 million senior revolving credit facility. ... existing $700 million credit facility, which was due to expire in June, 2016. «MarketWatch, Jun 15»
Sirius XM Announces $1.75 Billion Amended Revolving Credit Facility
NEW YORK, June 16, 2015 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) today announced that its subsidiary, Sirius XM Radio Inc., has entered into ... «PR Newswire, Jun 15»
Wabash National Corporation Closes Amended Revolving Credit …
LAFAYETTE, Ind., June 10, 2015 (GLOBE NEWSWIRE) -- Wabash National Corporation (“Wabash” or “the Company”) (NYSE:WNC) today announced that it has ... «GlobeNewswire, Jun 15»
Dillard's, Inc. Issues New $1 Billion Senior Unsecured Revolving …
... a new $1 billion senior unsecured revolving credit facility, taking advantage of ... In accordance with the financial covenants in the credit agreement, Dillard's ... «MarketWatch, May 15»
TerraForm Power Announces Increase in Revolving Credit Facility …
"We are pleased to welcome J.P. Morgan and Santander to our bank group, and to have further increased our revolving credit facility," said Alex Hernandez, ... «Benzinga, May 15»
Lannett Expands Revolving Credit Facility To $120 Million
PHILADELPHIA, April 24, 2015 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced that it has amended and increased its five-year revolving ... «PR Newswire, Apr 15»
