Backstop facility: Difference between revisions
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imported>Doug Williamson (Add Backstop credit facility. Source - The Treasurer online - 8 July 2021 - https://www.treasurers.org/hub/treasurer-magazine/act-deals-of-the-year-awards-2020-special-covid-award-winner) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Backstop]] | |||
* [[Bond]] | * [[Bond]] | ||
* [[Bridge facility]] | * [[Bridge facility]] | ||
| Line 20: | Line 21: | ||
* [[Bridging loan]] | * [[Bridging loan]] | ||
* [[Facility]] | * [[Facility]] | ||
* [[Interim]] | |||
* [[Private placement]] | * [[Private placement]] | ||
* [[ | *[[Revolving credit facility]] (RCF) | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
Latest revision as of 20:12, 15 October 2022
A backstop facility is a short-term interim borrowing facility supporting a transaction, financial instrument, or other credit facility.
- Informa highly commended
- "Highly commended in this category was Informa's complex acquisition financing deal...
- The deal, which was intended to support the company's transformation acquisition of UBM, included... an £855m backstop facility for Informa's RCF, and a £400m and $720m backstop facility for the RCF, US private placement and bond at UBM."
- The Treasurer magazine, Deals Edition 2019, p24.
Also known as a backstop credit facility.
