revolving credit
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The streaming giant said it entered into a senior unsecured revolving credit agreement that provides up to $5 billion in financing for the Warner Bros. merger deal.
From MarketWatch
The revolving credit facility will mature three years after the Warner Bros. deal closes, three years after the deal is terminated, or by Dec. 19, 2030–whichever occurs earliest, according to the filing.
Zions has filed a lawsuit to recover more than $60 million that it lent to investment funds that were using revolving credit facilities to buy distressed commercial mortgage loans.
The company plans to retire the shares of the common stock and fund the TKO share purchase using some $150 million from a revolving credit facility, according to the filings.
From Los Angeles Times
Morgan Stanley's transaction kept the loans, a portfolio of revolving credit lines to private funds, called subscription lines, on its balance sheet, according to the sources and the regulatory filing.
From Reuters
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.