Examples of Old Credit Facility in a sentence
Cap.Inc.Sec (“SKIS”)$3,346$200Dynegy Administrative Servicescash managementDynegy Power MarketingtradingSitheDynegy Power Corp.Senior Debentures$197Central Hudson(3)$550$1.9 billion Old Credit Facility, of which approximately $1.3 billion was borrowed at June 30, 2011.
Dynegy Holdings was the Borrower under the Old Credit Facility (with Dynegy Inc.
The New Credit Facility is the Company's primary source of financing for its Equipment Operations and provides increased borrowing capacity over the Old Credit Facility.
We also transferred the OFSAM Cash Contribution, made by our parent to us simultaneously with the OFS Capital WM Closing, to OFS Funding, and OFS Funding used the OFSAM Cash Contribution, together with cash on hand, to pay off the remaining balance under the Old Credit Facility in full.
The Old Credit Facility contained the following covenants measured quarterly: (i) maximum total leverage ratio of 4:00 to 1:00; (ii) debt coverage ratio of greater than 3.50 to 1.00.