Ratings trigger: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson (Align with qualifications material.) |
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A clause in loan documentation which changes the obligations of the borrower, in the event of a change in credit rating. | #A clause in loan documentation which changes the obligations of the borrower, in the event of a change in credit rating. | ||
#A pricing grid in loan documentation, relating the pricing of the borrowing to the credit rating of the borrower. | |||
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* [[Pricing grid]] | * [[Pricing grid]] | ||
[[Category:Treasury_operations_infrastructure]] | [[Category:Treasury_operations_infrastructure]] |
Revision as of 01:02, 15 July 2015
- A clause in loan documentation which changes the obligations of the borrower, in the event of a change in credit rating.
- A pricing grid in loan documentation, relating the pricing of the borrowing to the credit rating of the borrower.