Description : The project is the first utilization under the US$400 million uncommitted facility
Scaling Up Capital Markets Solution for Financing Energy Efficiency in LAC (RG-X1250).
Since a supplier finance facility for discounting account payables is legally an uncommitted facility
based on the Buyer's irrevocable payment instructions, the Buyers and Suppliers want relationship banks to be involved to ensure continuity of their business and availability of bank finance irrespective of the market conditions.
2bn uncommitted facility
that will mature on November 14, 2008.
Project Description : Under a joint programme between the European Investment Bank (EIB) and IDB to support companies seeking overseas expansion, IDB will provide an uncommitted facility
of up to US$250 million in the form of A Loans, together with mobilization efforts to provide an additional amount of up to US$250 million, for a total of up to US$500 million to finance eligible financial intermediaries.
The credit facility, which is a restatement of the Company's previously uncommitted facility
with Citibank, includes the following sub-limits: (1) $30 million available for standby letters of credit; (2) $20 million available for commercial letters of credit; (3) a line for term loans, each having a term of no more than five years, in the aggregate amount of up to $25 million that can be used for acquisitions; and (4) $7.
Talbots is also currently in discussions with a fourth lending bank to convert the remaining $15 million uncommitted facility
to a committed facility.
2 billion uncommitted facility
that was scheduled to mature on November 14, 2008.
This facility is an uncommitted facility
used to finance the purchase of hedged crude oil inventory for storage when market conditions warrant.
Fitch estimates borrowings under the facility were approximately $105 million at year end, with an additional $40 million drawn from a $50 million uncommitted facility
The RZB credit facility is an uncommitted facility
which is authorized every 90 days and reviewed annually on March 31.
The uncommitted facility
provides warehousing for conventional, subprime and second mortgage loans.
The Key Global facility is an uncommitted facility
whereby fundings are at the discretion of the agent.