Margin grid: Difference between revisions
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Revision as of 18:51, 8 October 2023
Borrowings documentation - pricing - sustainability.
A margin grid is part of borrowings documentation, providing for the interest rate to change, depending on predefined criteria.
For example, a sustainability margin grid might allow for the rate of interest payable on a borrowing to increase, decrease or remain unchanged, depending on how many sustainability performance targets (SPTs) have been met by the borrower.