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On Oct. 13, 2015, $SRE entered into an amended and restated, five-year syndicated revolving credit agreement expiring in Oct. 2020. The credit facility permits borrowings of up to $1Bil. Citibank, N.A. serves as administrative agent for the syndicate of 20 lenders and no single lender has greater than a 7% share.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.