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1 day ago · Orla Mining Ltd. has recently announced its achievement of debt-free status following the full repayment of its outstanding revolving credit facility, which totaled $58.4 million. This milestone was reached only three years into the company's operations, demonstrating strong cash generation capabilities primarily from its Camino Rojo Mine in Mexico.
15 hours ago · Orla went on to capitalize on its recent successes to repay its revolving credit facility to achieve ... The Credit Facility of $150 million will remain in place ... Ontario region of Canada, ...
3 hours ago · On the flip side, Orla Mining surged by 4.4% to $6.46 per share after announcing that it has fully repaid its US$58.4 million revolving credit facility. This makes the company debt-free, with ...
1 day ago · The maturity date for the revolving credit facility remains set for January 21, 2027. Escalade retains the ability to prepay and reborrow under this facility before its maturity. The company's obligations under the credit agreement are secured by liens on the equity of its domestic subsidiaries and most of its assets, excluding real estate.
1 day ago · The company has also expanded its secured asset-backed revolving credit facility from $515 million to $665 million. In a further show of financial strength, Enova has authorized a new $300 million share repurchase program. Several analyst firms have recognized Enova's robust performance.
Nov 28, 2000 · According to a statement issued on Tuesday afternoon, Unapix expects that its primary lender, G.E. Capital Corp, will bail the company out with a revolving credit facility of up to $40m in...
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Oct 3, 2024 · A revolving credit facility (rolling line of credit) allows your business to quickly withdraw money and repay when convenient. Read all about it here.