Ratings trigger: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Category added 9/10/13 and spacing)
imported>Doug Williamson
(Align with qualifications material.)
Line 1: Line 1:
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.




Line 6: Line 7:
* [[Pricing grid]]
* [[Pricing grid]]


[[Category:Treasury_operations_infrastructure]]
[[Category:Treasury_operations_infrastructure]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 01:02, 15 July 2015

  1. A clause in loan documentation which changes the obligations of the borrower, in the event of a change in credit rating.
  2. A pricing grid in loan documentation, relating the pricing of the borrowing to the credit rating of the borrower.


See also