The phrase "already drawn down" is correct and usable in written English.
It can be used in contexts where something has been utilized or depleted, often referring to resources or funds.
Example: "The budget has already drawn down significantly due to unexpected expenses."
Alternatives: "already utilized" or "already depleted".
Barneys has a $200 million credit line that matures in September, with about $90 million of that already drawn down, according to the people briefed on the matter.
"Most of our clients had already drawn down the nonessential folks" since early summer, he said.
Lawmakers have already drawn down $3.1 billion of the fund's projected $9.5 billion reserve to cover a deficit in the current budget.
Then the company surprised analysts last week by disclosing that it had already drawn down $61 billion of the Fed loan.
The American International Group said on Friday that it had already drawn down $61 billion of the $85 billion emergency bridge loan it received from the Federal Reserve two weeks ago, an announcement that startled credit ratings agencies.
Paying an entrance fee would be difficult or impossible for elderly residents who have already drawn down the equity in their houses, or who don't want those funds tied up, she said.
California's needs are already drawing down energy reserves and affecting some jobs and prices in neighboring states.
Stadium development was funded by loans: earlier this year the Rugby Football Union entered into a £50m revolving credit facility with RBS over five years to finance the east stand redevelopment at Twickenham, which will start after next year's Six Nations, as well as the laying of artificial pitches at community level, two-thirds of which has already been drawn down.
He is drawn down to hell.
The Marines have already begun to draw down troop numbers in the province.
Last summer, Bernanke inadvertently caused a substantial rise in mortgage rates by appearing to suggest that the Fed was already intent on drawing down its asset purchases.
