The remaining $350 million in unguaranteed debt was also converted from 90-day term notes to an extended term loan calling for installment payments stretching into 1981.
As such it was: 1) the biggest unguaranteed credit ever extended to a planemaker; 2) tangible evidence of Donald Douglas' faith in the future.
In the tight-money market, banks and lending institutions have increasingly passed up FHA-backed loans to get the higher interest rates on unguaranteed mortgages.
Matt Barnes finally gets paid appropriately on new deal with Clippers The Los Angeles Clippers needed depth behind new wing acquisitions Jared Dudley and J.J. Redick , and they quickly moved to find it by bringing back Matt Barnes on a three-year deal worth about $11 million. The final year is unguaranteed. It's about time Barnes was paid appropriately for his services. Despite being a useful player on five different teams since 2006-07, Barnes had never received ...
July 7, 2013 - SB Nation
Rockets don’t have enough cap room to give Dwight Howard a max contract The Rockets do not have enough cap room to give Dwight Howard a max contract. They could waive all four of their players with fully unguaranteed contracts – Greg Smith, Patrick Beverley,Tim Ohlbrecht and James Anderson – and they still wouldn’t have enough cap room. If Howard chooses Houston, perhaps as early as today, the…
July 5, 2013 - NBC Sports: ProBasketballTalk