Letter of awareness: Difference between revisions
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A formal letter written to a lender, normally by a parent company, acknowledging its relationship with another group company and its awareness of a loan being made to that company. It is the weakest form of comfort letter. | A formal letter written to a lender, normally by a parent company, acknowledging its relationship with another group company and its awareness of a loan being made to that company. | ||
It is the weakest form of comfort letter. | |||
== See also == | == See also == | ||
* [[Letter of comfort]] | * [[Letter of comfort]] | ||
Revision as of 11:33, 22 August 2013
A formal letter written to a lender, normally by a parent company, acknowledging its relationship with another group company and its awareness of a loan being made to that company.
It is the weakest form of comfort letter.
