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


Other resource