facility

(redirected from Bank Credit Facility)
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9 billion senior unsecured debt, its $750 million revolving bank credit facility, its $750 million commercial paper program, and $437 million of QUIPS.
EMRISE believes that the new credit facility will provide for a higher advance rate on both receivables and inventories than its current Wells Fargo Bank credit facility and will provide EMRISE with greater flexibility and financing for domestic acquisitions when complemented with financing support through EMRISE's foreign credit sources in Europe.