Extension fee and Percentage point: Difference between pages

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''Lending - borrowing - bank facilities - term - extension.''
A percentage point is 1%, or 100 basis points.  


An extension fee is an amount payable by a borrower in return for the extension of the term of a borrowing facility.
An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.
 
 
:<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.
 
: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."
 
:''The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m winner.''




== See also ==
== See also ==
* [[Amend and restatement]]
* [[Basis point]]
* [[Arrangement fee]]
* [[Back-end fee]]
* [[Bank facility]]
* [[Commitment fee]]
* [[Facility]]
* [[Finder's fee]]
* [[Fee]]
* [[Front-end fee]]
* [[Liquidity fee]]
* [[Management fee]]
* [[Non-utilisation fee]]
* [[Revolving credit facility]]  (RCF)
* [[Term]]
* [[Term sheet]]
* [[Utilisation fee]]
 
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 16:17, 9 August 2016

A percentage point is 1%, or 100 basis points.

An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.


See also