GIS » Topics » Level IV

This excerpt taken from the GIS 8-K filed Oct 15, 2007.
Level IV” status exists at any date if, at such date, the Company’s senior unsecured long-term debt has ratings that are better than or equal to at least two of the following three ratings: (i) BBB by S&P and/or (ii) Baa2 by Moody’s and/or (iii) BBB by Fitch, and none of Level I status, Level II status and Level III status exists.

This excerpt taken from the GIS 8-K filed Aug 7, 2007.
“Level IV”" status exists at any date if, at such date, the Company’s senior unsecured long-term debt has ratings that are better than or equal to at least two of the following three ratings: (i) BBB by S&P and/or (ii) Baa2 by Moody’s and/or (iii) BBB by Fitch, and none of Level I status, Level II status and Level III status exists.

This excerpt taken from the GIS 8-K filed Oct 17, 2006.
Level V" status exists at any date if, at such date, no other Status exists.

 

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* LIBOR Margin will increase by 0.125% if any Loans are outstanding after the Revolving Termination Date.

 





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