XML 49 R24.htm IDEA: XBRL DOCUMENT v3.2.0.727
Subsequent Events
6 Months Ended
Jun. 30, 2015
Subsequent Events  
Subsequent Events

 

Note 17 Subsequent Events

 

On July 24, 2015, our Board of Directors declared a cash dividend of $0.06 per share to the holders of record of our common shares as of September 9, 2015 to be paid on September 30, 2015.

 

On July 14, 2015, we entered into an amendment to our existing committed, unsecured revolving credit facility which increases the available borrowing capacity to $2.2 billion, extends the maturity date to July 2020 and increases the size of the accordion option to $500.0 million. The current rate under the revised facility has been reduced to LIBOR plus 125 bps with standby fees of 15 bps applying to the undrawn commitment. We expect to use the extended facility to provide financial flexibility for strategic investment opportunities, debt refinancing and other corporate uses.