Sentence examples for unsecured term from inspiring English sources

Electronic Arts received a commitment from Morgan Stanley, BNP Paribas, Bank of Nova Scotia and KeyBank National Association for as much as $1 billion of senior unsecured term loan financing, Electronic Arts said.

To fund the TelX deal, Digital said it received a commitment from a syndicate of lenders for a $1.85 billion unsecured term loan bridge facility, the proceeds of which will be available for use, if necessary, to fund a portion of the acquisition of TelX, which manages 1.3 million square feet of data center space.

But, it is pretty hard for me to explain--I can't explain why you are financing a merger deal with Verizon, or the Farm Credit System is". In April 2015 - CoBank participated in a300 million unsecured term loan to Black Hills Corp., a vertically integrated energy company with natural gas and electric utility operations in Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

Mylan, based near Pittsburgh, Pa., said it had received a commitment letter from Morgan Stanley for a $1 billion senior unsecured bridge term loan, which would be used in combination with the company's existing cash and other lines of credit to pay for the acquisition.

ROCKWELL INTERNATIONAL CORP., Milwaukee, the largest maker of factory-automation equipment, said Moody's Investors Service lowered its senior unsecured long-term debt rating to A3 from A1 and reduced its short-term rating to Prime-2 from Prime-1, because it is spinning off Rockwell Collins, its avionics unit.

Moody's lowered Enron's senior unsecured long-term debt ratings to two levels above so-called junk status.

Goldman said that it remained well-capitalized, with $42.63 billion in shareholder equity and $179.48 billion in unsecured long-term borrowings.

The Fed will commence buying unsecured, short-term debt commerical paper in an effort to get trading in that market flowing again.

Under the program, the Fed said that it would buy the unsecured short-term debt that companies rely on to finance their day-to-day activities.

Moody's reduced Sallie Mae's senior unsecured long-term debt rating to Baa2 from Baa1 and said the outlook was "negative," according to a statement Tuesday.

INVESTORS in money market funds had yet another scare in mid-January, when Pacific Gas & Electric and Southern California Edison defaulted on commercial paper -- unsecured short-term corporate borrowings -- held by money funds.