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The four-year contract is subject to financing agreements that Aerie must fulfill.
The announcement of the loans follows other financing agreements with China that have softened a sharp economic downturn in Venezuela, including a $12 billion bilateral investment fund.
WorldCom said that it took control of the 120-year-old, 500,000-acre Douglas Lake Ranch this month by exercising rights under financing agreements with Mr. Ebbers.
In a statement, Delta said its warehouse lenders had notified it of events of default under its financing agreements, after the company was unable to sell some loans.
The credit line is not secured by any assets or revenue, different from the financing agreements WorldCom is seeking to obtain.
And the five banks backing the buyout have no escapes from their financing agreements, leaving them on the hook if they cannot sell the company's leveraged loans and bonds.
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The first was an unsigned financing agreement between XXXXXXXXXXXX and Podravka from November 2006.
Delta said that it had reached a $600 million financing agreement with American Express Travel Related Services, including a $100 million loan.
The company reached a $1.5 billion financing agreement last fall with the Export-Import Bank of China to pay for overseas expansion.
The IMF has a €5 billion two-year standby financing agreement for Romania that expires in March.
The Jets and the Giants yesterday completed a $1.3 billion financing agreement to build an 84,000-seat stadium in East Rutherford, N.J.
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