Examples of USD Term Loan in a sentence
The CCIRS for USD Term Loan was entered for entire term of the bank loan and had an average fixed swap rate and exchange rate of 4.19% p.a. (inclusive of interest margin of 1% p.a.) (31 January 2020: 4.19% p.a. (inclusive of interest margin of 1% p.a.)) and USD/RM3.0189 (31 January 2020: USD/RM3.0189) respectively.
Effective upon the closing of the Second Amendment, the Company borrowed the entire principal amount committed under the USD Term Loan, which was used to repay revolver borrowings and, in combination with the increase in the Revolving Facility, resulted in $200.0 million of additional liquidity becoming available under the Revolving Facility.
The CCIRS for USD Term Loan was entered for entire term of the bank loan and had an average fixed swap rate and exchange rate of 4.19% p.a. (inclusive of interest margin of 1% p.a.) (31 January 2019: 4.19% p.a. (inclusive of interest margin of 1% p.a.)) and USD/RM3.0189 (31 January 2019: USD/RM3.0189) respectively.
The USD Term Loan was issued at par and accrues interest at LIBOR, bearing a 1.00% floor, plus an applicable margin of 2.75%.
Gtt Communications, Inc.2018 USD Term Loan B1.52% Utilities2.70% Cash & Cash Equivalents18.54%TOP 10 INVESTMENTS (AUGUST 31, 2021) INVESTMENT MIX (AUGUST 31, 2021) 07/20/2031 05/31/2025 Total percentage of top 10 investments24.35% Total number of investments139 Total100.00%HOW RISKY IS IT?The value of the Fund can go down as well as up.
Initial Term Loan (2020) $ 2,075,190.85 Nelipak Holding Company Initial U.S. Dollar Term Loan (First Lien) $ 0.00 Nelipak Holding Company Initial USD Term Loan (Second Lien) $ 1,000,000.00 Nutraceutical International Corporation Initial Term Loan $ 11,900,000.00 Xxxxx X.
At December 31, 2016, the effective interest rate on both the USD Term Loan and Euro Term Loan was 3.75%.
Principal repayments on the USD Term Loan and Euro Term Loan are payable in quarterly installments equal to 0.25% of the original loan balances.
If the Company fails to specify a Type of USD Term Loan in a Loan Notice or if the Company fails to give a timely notice requesting a conversion or continuation, then the applicable USD Term Loan shall be made as, or converted to, Base Rate Loans.
Goldman Sachs Private Credit Funds are a current lender to Mirion, holding $137.6mm of the USD Term Loan and €122.8mm of the EUR Term Loan, which will be repaid with the proceeds from this transaction.