Examples of New Revolving Credit Facility in a sentence
A metric similar to Adjusted EBITDA is used in certain calculations under our New Revolving Credit Facility.
The Company used the proceeds from the New Term Loan Facility and the Secured Notes as well as $35,000 drawn down under the New Revolving Credit Facility to fully repay the Former Debt Facilities.
Efforts must particularly reduce cancellation rates, increase the number of deals processed per year, strengthen the volume and quality of equity investments, and include more syndications and guarantees.
The interest on the New Revolving Credit Facility (as amended and restated on 12 June 2019) is set at the annual rate of 1.75%, plus the one-month or three-month EURIBOR rate (at the option of I-RES).
On 12 June 2019, the Company exercised its option under the New Revolving Credit Facility and restated on 12 June 2019 to extend its committed facilities from €450 million to €600 million and amended the New Revolving Credit Facility to include a new uncommitted accordion facility in the amount of €50 million.