The company said it will fund the program through free cash generation and its credit facility.
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That could enable it to obtain some sort of credit facility or additional capital.
New York's governor gave AIG until Wednesday to secure a injection of capital or a credit facility.
Rezvan says he expects Chesapeake to use substantially all the cash to pay down its revolving bank credit facility.
According to Kenya's Business Daily newspaper, under the proposed contract Tehran had been offering Kenya an extended credit facility of 90 days.
But it would be just like any credit facility in a commercial market -- a credit line that you can draw from.
Capital Trust said in its filing it also is in talks with multiple financial firms that would provide the company with a credit facility.
The financing will be used to repay all claims under the debtor-in-possession post-petition credit facility, pay certain settlement and cure payments and fund ongoing operations.
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Barclays has also agreed to provide a letter of credit facility.
If builders run over budget, they might have to renegotiate a line of credit or credit facility, so the last person in line for payment may wait longer, he said.
Donuts Inc. is backed by Austin Ventures, Adams Street Partners, Emergence Capital Partners, TL Ventures, Generation Partners and Stahurricane, as well as a credit facility from Comerica Bank.
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It recently renewed a standby credit facility for the government, although it is frustrated that the government has missed a series of target dates for the sale of key state assets.
Earlier this year, it brought in a new chief executive, Mr. Cestero, a former top city housing official, and reached a deal to extend a companywide credit facility with a group of lenders.
Not only did the insurer turn a profit in 2011, it also repaid a credit facility from the Federal Reserve Bank of New York and managed to give the Treasury a clear path toward exiting its investment, the CEO continued.
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Morgan revolving credit facility.
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Mr Hashimoto outlined a few measures to alleviate regional distress cheaper soft loans for infrastructure projects, a big export-credit insurance facility, and training in Japan for 20, 000 South-East Asians.
Unlike the Fund's existing Supplementary Reserve Facility and new Contingency Credit Line, access to the contagion facility would require an explicit finding by a qualified majority of creditor countries that the crisis was systemic.
These credit facilities, combined with the debt offering and contingent liquidity facility, demonstrate that AIG has momentum and has made substantial and impressive progress this year.
That will lead lenders to "tighten restrictions on credit facilities, either through taking collateral, reducing the size of the facility, or restricting borrowing base calculations, " the agency said.
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It was a loan facility that was designed to assist market participants to meet various credit needs during a time when credit was severely tightening in the financial system.
To help relieve the pressures in the interbank markets, the Federal Reserve among other actions recently introduced a term auction facility (TAF), through which prespecified amounts of discount window credit can be auctioned to eligible borrowers, and we have been working closely and cooperatively with other central banks to address market strains that could hamper the achievement of our broader economic objectives.
That facility capitalized on its growth by taking advantage of an Advanced Energy Manufacturing Tax Credit in the recovery that we passed last year, which allowed it to add equipment, boost output, and hire new workers at that plant.
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Unlike our other lending programs, this facility combines Federal Reserve liquidity with capital provided by the Treasury, which allows it to accept some credit risk.
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