Evergreen facility and Promisee: Difference between pages

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imported>Doug Williamson
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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).
A person or organisation to whom a promise is made.




== See also ==
== See also ==
* [[Evergreen deposit]]
* [[Promise]]
* [[Green finance]]
* [[Promisor]]
* [[Greenshoe option]]
* [[Maturity]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Long_term_funding]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Latest revision as of 07:33, 2 July 2022

A person or organisation to whom a promise is made.


See also