Opportunity risk and Pricing grid: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Align with qualifications material CFF 4.2.2 page 8 Section 6.2.) |
||
| Line 1: | Line 1: | ||
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'.
