英文互译镜像站

Flex language

Last updated

Flex language or market flex language is flexibility inserted into a syndicated loan contract that allows the arranging bank to alter the terms of the borrowing in order to attract enough lenders to finance the loan. [1] These alterations could include increases in the interest rate, changes in covenants, or increases in prepayment penalties. Market flex language was adopted by arrangers following the 1998 Russian financial crisis. [1]

References

  1. 1 2 Miller, Stephen (2008). "Syndicated Loans". In Fabozzi, Frank J. (ed.). Handbook of Finance, Financial Markets and Instruments. Wiley. p. 326. ISBN   978-0470391075 . Retrieved 25 June 2025.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.
站群镜像程序 一键镜像站群 网站镜像克隆 开源整站镜像工具 小偷程序