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Examples

  • "The difference in interest rates offered for a term-loan facility and through pledge of shares is as high as two percentage points," said Mr. Mukherjea of Ambit Capital.

    Indian Companies Pledge Shares for Capital 2011

  • The Softbrands/Lawson entity sold $560 million to investors after much backtracking by underwriters, including lowering the term by a year, paying a much higher price than first intended and selling $440 million of the term-loan portion only a week after the initial issuance was priced.

    M&A Keeps 'Junk' Flowing Prabha Natarajan 2011

  • Banks arranging the deal for Lyondell, which is based in Houston but owned by LyondellBasell Industries NV of Rotterdam, the Netherlands, had first tweaked the $3.25 billion package on Tuesday, when they removed all of the covenants, or financial-performance standards, from the $500 million term-loan portion.

    Cov-Lite Loans Make a Return Katherine Greene 2010

  • US Airways has $1.17 billion outstanding under a term-loan facility agreed to in March 2007 that requires it to keep $750 million of cash tied up in accounts subject to controls.

    Airlines Should Move Toward a Better Union Liam Denning 2010

  • Banks arranging the deal for Lyondell, which is based in Houston but owned by LyondellBasell Industries NV of Rotterdam, the Netherlands, had first tweaked the $3.25 billion package on Tuesday, when they removed all of the covenants, or financial-performance standards, from the $500 million term-loan portion.

    Cov-Lite Loans Make a Return Katherine Greene 2010

  • US Airways has $1.17 billion outstanding under a term-loan facility agreed to in March 2007 that requires it to keep $750 million of cash tied up in accounts subject to controls.

    Airlines Should Move Toward a Better Union Liam Denning 2010

  • US Airways has $1.17 billion outstanding under a term-loan facility agreed to in March 2007 that requires it to keep $750 million of cash tied up in accounts subject to controls.

    Airlines Should Move Toward a Better Union Liam Denning 2010

  • US Airways has $1.17 billion outstanding under a term-loan facility agreed to in March 2007 that requires it to keep $750 million of cash tied up in accounts subject to controls.

    Airlines Should Move Toward a Better Union Liam Denning 2010

  • Banks arranging the deal for Lyondell, which is based in Houston but owned by LyondellBasell Industries NV of Rotterdam, the Netherlands, had first tweaked the $3.25 billion package on Tuesday, when they removed all of the covenants, or financial-performance standards, from the $500 million term-loan portion.

    Cov-Lite Loans Make a Return Katherine Greene 2010

  • The company also said it will contact lenders for both the Wendy's and Arby's brands about combining its revolver and term-loan borrowings under a single credit agreement so that it can use its cash more efficiently.

    Wendy's Swings to Loss, as Arby's Struggles 2009

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