Examples of LIBOR Floor in a sentence
Excluded from the investment above is a delayed draw term loan commitment in an amount not to exceed $18,750,000, with an interest rate of LIBOR plus 6.75%, a LIBOR Floor of 0.50%, and a maturity of September 26, 2019.
Excluded from the investment above is a delayed draw term loan commitment in an amount not to exceed $8,521,875 with an interest rate of LIBOR plus 7.50%, a LIBOR Floor of 1.00%, and a maturity of December 15, 2021.
Excluded from the investment above is a delayed draw term loan commitment in an amount not to exceed $4,883,721, with an interest rate of LIBOR plus 7.50%, a LIBOR Floor of 1.00%, and a maturity of March 31, 2021.
The new loan is interest only with a floating interest rate of LIBOR + 4.75% with a 0.20% LIBOR Floor.
Excluded from the investment above is an unfunded revolving credit facility commitment in an amount not to exceed $3,530,769, with an interest rate of LIBOR plus 7.00%, a LIBOR Floor of 1.00%, and a maturity of August 31, 2021.