Category: Credit Size

SANTA CLARA, Calif.–(BUSINESS WIRE[1])–Avaya Holdings Corp. (NYSE: AVYA) (“Avaya”) today announced that its wholly-owned subsidiary, Avaya Inc. (the “Company”) has closed its previously announced private offering (the “offering”) of $1 billion in aggregate principal amount of Senior First Lien Notes due 2028 (the “notes”). The notes bear cash interest at a rate of 6.125% per annum, payable semi-annually on March...

Food delivery in Bogotá during quarantine. Colombia’s lockdown had to be much longer than initially expected. (Photo: Ernesto Tereñes/iStock by Getty Images) September 25, 2020 A country with strong underlying economic fundamentals, Colombia has maintained a Flexible Credit Line (FCL) arrangement with the IMF since 2009 and renewed it most recently in May. On September 25, 2020, the IMF Executive...

TORONTO, Ontario Canada – Line of Credit.AI is focused on helping Canadian and American businesses through this uncertain economic climate.  We will continue to protect the growth of businesses across North America during economic uncertainty.  Taimour Zaman, CEO of Line of Credit.AI today announced additional measures to support businesses dealing with economic uncertainty. These measures will help companies protect the...

SAN DIEGO–(BUSINESS WIRE[1])–Cubic Corporation[2] (NYSE:CUB) today announced it entered into an amended and restated credit agreement, providing Cubic with a new $450 million unsecured term loan and upsizing Cubic’s existing unsecured revolving credit facility from $800 million to $850 million. The maturity date of the revolving credit facility was extended to March 27, 2025 and the maturity date of the...