Facility

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Facility

A physical environment containing open space, such as parks and gardens; infrastructure, such as roads, utilities; and built structures, such as homes, schools, hospitals, and factories.

facility

All or any portion of a building, area, or structure, including the site on which it is located, wherein specific services are provided or activities are performed.
References in periodicals archive ?
....Senior Secured Bank Credit Facility (Local Currency) Aug 25, 2018, Affirmed B3(LGD3)
The company added that the revolving bank credit facility's borrowing base was reduced from the prior USD350m.
Crude oil company PostRock Energy (OTC PINK:PSTR) said on Tuesday that its borrowing base on its bank credit facility was set at USD39m as of 1 November 2015.
Net proceeds from the note offering may be used by the company to partially repay borrowings outstanding under its bank credit facility, thereby strengthening the its capital structure and increasing its liquidity.
(NYSE: AIG) said that it has entered into an amended and resaid 4-year USD 4 b bank credit facility.
The net proceeds from the offering of around USD381m will be used to repay most of its USD390m outstanding commitment under an existing bank credit facility.
The net proceeds may be used to repay borrowings under its bank credit facility pending its intended redemption of all of its 6 3/4% senior subordinated notes due 2020, which it expects to complete in August 2015 using borrowings under its bank credit facility.
2 May 2012 - Bank of America Merrill Lynch and RBS Citizens have served as joint lead arrangers of a USD195m (EUR148.4m) senior secured bank credit facility to The Briad Group, the US franchise restaurants and hotels operator said on Tuesday.
International Resource News-29 January 2009-Range Resources Reports Bank Credit Facility Update(C)2009 ENPublishing - http://www.enpublishing.co.uk
The company plans to use the funds to repay advances on its bank credit facility.
Net proceeds from the offering will be used to repay outstanding indebtedness under a revolving bank credit facility, and for general corporate purposes.
Wholly owned subsidiary of Liberty Interactive Corporation (Nasdaq:QVCA) (Nasdaq:QVCB) (Nasdaq:LVNTA) (Nasdaq:LVNTB), QVC Inc, a marketer of various consumer products, announced on Tuesday that it has refinanced its bank credit facility with a new amended and restated senior secured multi-currency credit facility that provides a line of credit of up to USD2.25bn and replaces its existing one, which will expire in March 2018.