Extension fee and Network for Greening the Financial System: Difference between pages

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imported>Doug Williamson
(Create page. Source: NGFS webpage.)
 
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''Lending - borrowing - bank facilities - term - extension.''
''Green finance - international initiatives.''


An extension fee is an amount payable by a borrower in return for the extension of the term of a borrowing facility.
(NGFS).


Abbreviation for the Network of Central Banks and Supervisors for greening the Financial System, established in 2017.


:<span style="color:#4B0082">'''''Reduced extension fees - RS Group'''''</span>


:"After consulting with existing banks and new potential lenders during the summer it was decided to seize the window of opportunity and launch an ‘amend and restatement’ RCF.
The NGFS is established to:


:A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period."
*Help strengthen the global response required to meet the goals of the Paris Agreement.
 
*Enhance the role of the financial system to manage risks and to mobilise capital for green and low-carbon investments in the broader context of environmentally sustainable development.  
:''The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m winner.''
*Define and promote best practices to be implemented within and outside of the membership of the NGFS.
*Conduct or commission analytical work on green finance.




== See also ==
== See also ==
* [[Amended and restated]]
* [[Central bank]]
* [[Arrangement fee]]
* [[Climate risk]]
* [[Back-end fee]]
* [[ESG investment]]
* [[Bank facility]]
* [[Global Sustainable Investment Alliance]]
* [[Commitment fee]]
* [[Governance]]
* [[Facility]]
* [[Green finance]]
* [[Finder's fee]]
* [[Paris Agreement]]
* [[Fee]]
* [[Supervisor]]
* [[Front-end fee]]
* [[Sustainable finance]]
* [[Liquidity fee]]
* [[Sustainability]]
* [[Management fee]]
* [[Sustainability bond]]
* [[Non-utilisation fee]]
* [[Sustainability linked loan]]
* [[Revolving credit facility]]  (RCF)
* [[Term]]
* [[Term sheet]]
* [[Utilisation fee]]


[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Ethics]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]

Revision as of 15:15, 9 September 2020

Green finance - international initiatives.

(NGFS).

Abbreviation for the Network of Central Banks and Supervisors for greening the Financial System, established in 2017.


The NGFS is established to:

  • Help strengthen the global response required to meet the goals of the Paris Agreement.
  • Enhance the role of the financial system to manage risks and to mobilise capital for green and low-carbon investments in the broader context of environmentally sustainable development.
  • Define and promote best practices to be implemented within and outside of the membership of the NGFS.
  • Conduct or commission analytical work on green finance.


See also