4 billion total facility, and extended its maturity by three years to February 2023; combined its existing two tranches of Term Loan A into a new single tranche of $750 million, and extended the current maturities
to February 2023; and extended the maturity of its approximately $1.
48bn from this offering may be used by the company to refinance current maturities
as well as to repay borrowings outstanding under ETP's revolving credit facility.
Cash and cash equivalent $5,497 Current maturities
Two measures used by bankers to determine an entity's ability to repay its debt are the ratio of retained operating cash flow to total debt and the ratio of retained operating cash flow to current maturities
Cash and short-term investments exceeded long-term debt, including current maturities
, by $30 million.
are relatively modest during the next two years due to concentrated efforts during the past several quarters to reduce and extend debt maturities.
7m, completed refinancing transactions resulting in current maturities
with due dates no earlier than 2018, as well as repurchased a total of USD20.
5 billion of short-term debt and current maturities
8m of long-term debt, including current maturities
, as well as USD17m drawn down from the previous credit facilities, which totalled USD40m.
Included in short-term debt are current maturities
of $108 million of 1.
2 billion in credit facilities, offset by $80 million of short-term debt and current maturities
1 billion credit facility availability, offset by $582 million in short-term debt and current maturities