Through the Macedonian Bank for Development Promotion, domestic firms have at their disposal several credit lines
of about 50 million euros a year with a subsidized interest rate for purchasing equipment and machinery.
Kcell on 23 September, secured an additional tranche of KZT 800 million under the above credit line
The earlier credit line
was used to purchase hundreds of millions of dollars of much-needed Iranian consumer products, from frozen chicken and sugar to electrical goods.
As the issuance of the Credit Line
Warrants and the Note Extension Warrants represents a number of securities of Cardero being made issuable that exceeds 25% of the Company's present issued capital, and as the exercise price may represent a discount to the market price of the common shares at the time of issuance, shareholder approval to both the issuance, and the exercise price, is required under the TSX rules.
An EU executive said, 'The Commission concluded that the state aid implied by the provision of the credit line
is proportionate and commensurate with the need to ensure sufficient liquidity in the banking system in the particular circumstances.
The favorable conditions of the MBDP credit line
will have a direct effect on the investments of Macedonian farmers into machinery, equipment and modern facilities, but also purchase of larger quantities and safer distribution, swift payment, as well as securing a price trend without any oscillations", stressed Dimovski.
1a] The proportions of students age of 18 to 21 and above 21 rejecting the additional credit line
of $500 is significantly higher than zero.
the form of credit line
up the limit of 500,000,000 PLN, entered into on 5
The withdrawal of the credit line
creates a new obstacle for the airline as it struggles through an industry slump, reported Reuters.
surfaced when they chose to draw down bank credit lines
because they couldn't raise money through the sale of short-term debt.
Only 42 percent of firms with fewer than two employees used a credit line
, a loan, or a capital lease, including 16 percent that used a line of credit.
In general, NCB provides such credit lines
to seasoned co-ops where at least 70 percent of the units are owner-occupied.