Amortising
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Borrowings.
Amortising borrowings are ones that repay or reduce the principal amount over the life of the borrowing.
Contrasted with bullet repayment of the principal, which means all at the end.
- BAE Systems amortising notes
- "The [BAE Systems treasury] team... also closed a $201.4m structured conduit financing to fund a new shiplift facility.
- This involved the issuance of amortising 30-year notes into the US private placement market, secured against a stream of lease rentals from BAE Systems Ship Repair."
- ACT Deals of the Year Awards 2023: Large team of the year winner.
See also
- Accreting
- Accruals concept
- Amortise
- Amortised cost
- Amortised cost method
- Amortising swap
- Amortisation
- Average life
- Balloon payment
- Bullet maturity
- Cash flow
- Conduit financing
- Facility
- Notes
- Principal
- Private placement
- Reducing balance
- Securitisation
- Structured
- Structured finance