Extension fee: Difference between revisions

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imported>Doug Williamson
(Create page - source - ACT - https://www.treasurers.org/hub/treasurer-magazine/act-deals-of-the-year-awards-2022-loans-below-750m-winner)
 
imported>Doug Williamson
(Mend link.)
 
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:<span style="color:#4B0082">'''''Reduced extension fees - RS Group'''''</span>
:<span style="color:#4B0082">'''''Reduced extension fees - RS Group'''''</span>


":After consulting with existing banks and new potential lenders during the summer it was decided to seize the window of opportunity and launch an ‘amend and restatement’ RCF.  
:"After consulting with existing banks and new potential lenders during the summer it was decided to seize the window of opportunity and launch an ‘amend and restatement’ RCF.  


:A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period."
:A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period."
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== See also ==
== See also ==
* [[Amend and restatement]]
* [[Amended and restated]]
* [[Arrangement fee]]
* [[Arrangement fee]]
* [[Back-end fee]]
* [[Back-end fee]]

Latest revision as of 23:12, 9 April 2023

Lending - borrowing - bank facilities - term - extension.

An extension fee is an amount payable by a borrower in return for the extension of the term of a borrowing facility.


Reduced extension fees - RS Group
"After consulting with existing banks and new potential lenders during the summer it was decided to seize the window of opportunity and launch an ‘amend and restatement’ RCF.
A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period."
The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m winner.


See also