Evergreen facility: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Classify page.)
imported>Doug Williamson
m (Add link.)
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
An evergreen facility is a facility whose final maturity may be extended periodically by the borrower, with the lender's agreement, for a further term (normally a year at a time).
An evergreen borrowing facility is one whose final maturity may be extended periodically by the borrower, with the lender's agreement, for a further term (normally a year at a time).




== See also ==
== See also ==
* [[Evergreen deposit]]
* [[Evergreen deposit]]
* [[Facility]]
* [[Green finance]]
* [[Green finance]]
* [[Greenshoe option]]
* [[Greenshoe option]]

Latest revision as of 08:55, 7 August 2019

An evergreen borrowing facility is one whose final maturity may be extended periodically by the borrower, with the lender's agreement, for a further term (normally a year at a time).


See also