International Monetary Market and Pricing grid: Difference between pages
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A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower. | |||
Also known as a 'ratchet'. | |||
== See also == | == See also == | ||
* [[ | * [[Credit rating]] | ||
* [[ | * [[Ratings trigger]] | ||
* [[Rating grid]] | |||
[[Category:Treasury_operations_infrastructure]] | |||
Revision as of 16:34, 25 July 2015
A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower.
Also known as a 'ratchet'.
