Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.0.8
Commitments and Contingencies (Tables)
6 Months Ended
Nov. 30, 2013
Commitments and Contingencies Disclosure [Abstract]  
Lines of credit facility unused borrowing capacity
As of November 30, 2013, the Company had unused borrowing capacity available under four uncommitted, secured, short-term lines of credit at market rates of interest with financial institutions as follows:
Financial institution
Amount available
 
Expiration date
JP Morgan Chase Bank, N.A.
$350 million
 
February 28, 2014
Bank of America, N.A.
$250 million
 
February 28, 2014
PNC Bank, National Association
$150 million
 
February 28, 2014
Wells Fargo Bank, National Association
$150 million
 
February 28, 2014