Finance Deals & Syndicated Lending · glossary
A lender's promise to lend up to a fixed amount on agreed terms. One agreement can hold several. Sunrise holds two: a term loan and a revolving credit facility. Definition: Facility A · Chapter 1
Explained in Chapter 1, What Debt Finance Is, of Finance Deals & Syndicated Lending.
Facility B is a revolving credit facility (RCF). It is a ceiling, not a lump sum. Atlas can draw, repay and draw again, as often as it needs, until the facility ends.Read Chapter 1, What Debt Finance Is →
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the term loan facility made available under this Agreement in a maximum aggregate amount of €35,000,000;Read the definition in the document →
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