Eurocredit: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update for LIBOR transition.) |
imported>Doug Williamson (Add links.) |
||
| Line 1: | Line 1: | ||
The Eurocredit market is where highly rated borrowers can gain access to medium-term bank lending. | The Eurocredit market is where highly rated borrowers can gain access to medium-term bank lending. | ||
The loan can be denominated in one or several Eurocurrencies as can the interest and the principal. The interest rate is normally fixed as a margin over a benchmark rate. | |||
The loan can be denominated in one or several Eurocurrencies as can the interest and the principal. | |||
The interest rate is normally fixed as a margin over a benchmark rate. | |||
| Line 7: | Line 10: | ||
* [[Benchmark]] | * [[Benchmark]] | ||
* [[Eurocurrency]] | * [[Eurocurrency]] | ||
* [[Margin]] | |||
* [[Principal]] | |||
* [[Rated]] | |||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
Latest revision as of 15:57, 14 April 2022
The Eurocredit market is where highly rated borrowers can gain access to medium-term bank lending.
The loan can be denominated in one or several Eurocurrencies as can the interest and the principal.
The interest rate is normally fixed as a margin over a benchmark rate.
