The bridge financing is expected to be repaid through a public or private offering of long-term debt, the company said.
Such tactics, involving bridge financings and warrants that are sold at the same time as stock, have been common.
Merrill Lynch and Drexel were in the running to provide an extra $5 billion of bridge financing.
We arranged the bridge financing and also the general credit agreement.
The group will provide some of the bridge financing needed to buy the easements until the state comes up with the money.
As of May 2012 the carrier invited offers from banks to raise up $ 800 million via external commercial borrowing and bridge financing.
Asset-based lending is not necessarily hard money or bridge financing.
Everyone else might begin the search for bridge financing when they put their homes on the market.
With bridge financing, it issues a commitment letter guaranteeing to provide the money.
Intrexon put up $500,000 in bridge financing and offered to buy the rest of the company.