imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Loan documentation - pricing - credit risk - credit ratings.''
| | The transmission, processing or settlement of a funds or securities transfer instruction an individual basis immediately after the time at which it is initiated. |
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| A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower.
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| Also known as a 'pricing grid'.
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| 2. ''Loan documentation - pricing - ESG - KPIs.''
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| A clause in a loan document which links the pricing of the borrowing to the borrower's performance against ESG performance KPIs.
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| :<span style="color:#4B0082">'''''Places for People's (PfP's) £900m ESG-linked RCF'''''</span>
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| :"PfP agreed on three meaningful and stretching environmental and social KPIs aligned with four of the UN Sustainable Development Goals.
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| :These are documented in line with the LMA’s Sustainability-Linked Loan Principles with performance tied to upward and downward margin ratchets."
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| :''ACT Deals of the Year 2022: Overall winner - 4 April 2023.''
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| == See also == | | == See also == |
| * [[Clause]] | | * [[Real-time gross settlement system]] |
| * [[Credit rating]]
| | * [[Payments and payment systems]] |
| * [[Credit risk]]
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| * [[Documentation]]
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| * [[ESG]]
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| * [[Key performance indicator]] (KPI)
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| * [[Loan agreement]]
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| * [[Loan Market Association]] (LMA)
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| * [[Margin]]
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| * [[Revolving credit facility]] (RCF)
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| * [[Sustainability-Linked Loan Principles]] (SLLPs)
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| * [[Sustainable Development Goals]] (SGDs) | |
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| [[Category:The_business_context]] | | [[Category:Cash_management]] |
| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Financial_products_and_markets]]
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