Pricing grid: Difference between revisions
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A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower. | A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower. | ||
Also known as a 'ratchet'. | |||
== See also == | == See also == | ||
* [[Credit rating]] | * [[Credit rating]] | ||
* [[Margin grid]] | |||
* [[Ratings trigger]] | * [[Ratings trigger]] | ||
* [[Rating grid]] | |||
[[Category: | [[Category:Treasury_operations_infrastructure]] | ||
Latest revision as of 18:42, 8 October 2023
A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower.
Also known as a 'ratchet'.
