Leading and Pricing grid: Difference between pages

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'.

@@ Line 1: / Line 1: @@
-''Foreign exchange risk management.''
+A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower.
-Accelerating foreign currency payments to avoid the effects of expected adverse foreign exchange rate movements.
+Also known as a 'ratchet'.
 == See also ==
-* [[Foreign exchange risk]]
+* [[Credit rating]]
-* [[Lagging]]
+* [[Ratings trigger]]
+* [[Rating grid]]
+[[Category:Treasury_operations_infrastructure]]