The new committed facility
can be used for general corporate purposes and replaces OnDeck's prior USD 30 million corporate facility.
A fully committed facility
to help finance the transaction was provided by credit funds managed by affiliates of Ares Management, L.P.
As at end-2017, EPIF had EUR585 million of cash and cash equivalents and an undrawn committed facility
of EUR200 million.
Contractor of the I-12 market Raja Zahid justifying the fee imposed on vendors said they were providing water, land and electricity to the market and hundreds of workforce was being paid to ensure provision of every committed facility
Having secured a PS30m committed facility
from Omni Capital, the new finance will enable LNT Carehome Developments to ramp up activity.
* Demand versus committed facility
. Demand loans can be called at any time, whereas committed facilities are contractually guaranteed until the facility's maturity date, unless there is a default.
The financial package is a five-year committed facility
and allows Ramsdens the time to choose its new locations, building upon its branches across Teesside, the North-east, Yorkshire, Wales and Scotland.
Harmit Singh, the company executive vice president and chief financial officer, said, 'We are extremely pleased to have secured this committed facility
at more favourable terms, backed by a strong group of diversified banks.
The company has got and accepted an offer for committed facility
and term sheet from Sweden-based Nordea Bank AB (STO: NDA).
Under the new deal Regenersis will benefit from a pounds 15 million committed facility
, and HSBC will also be acting as the group's sole banking partner in the UK and Europe.
Ahmed Sheeraz Saeed while commenting on that serious issue emphasized that all barbering and beauty operations should be supervised by licensed professionals in a committed facility
where proper cleaning, disinfection and personal hygiene is possible.