Club deal and Mn: Difference between pages

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imported>Doug Williamson
m (Category added 9/10/13 and spacing)
 
imported>Doug Williamson
(Classify page.)
 
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1. ''Loans''.
{{lowercase}}
'mn' means one million (1,000,000).


A syndicated loan in which the (initial) members of the syndicate are each requested by the borrower. In such cases there is an agent bank but not necessarily an arranging (or managing) bank although larger lenders may be allocated such a title in order to justify additional fees.
For example EUR 100mn = EUR 100,000,000.




2. ''Private equity''.  
Sometimes written 'm', 'M' or 'mio'.


A transaction in which a number of private equity firms jointly undertake a buyout larger than any of them would wish to undertake alone.


==See also==
* [[AAA]]
* [[Billion]]
* [[bn]]
* [[k]]
* [[mf]]
* [[Money market fund]]


== See also ==
[[Category:The_business_context]]
* [[Agent bank]]
* [[Syndicated loan]]
 
[[Category:Bank_Lending]]

Latest revision as of 18:12, 1 July 2022

'mn' means one million (1,000,000).

For example EUR 100mn = EUR 100,000,000.


Sometimes written 'm', 'M' or 'mio'.


See also