Finance Deals & Syndicated Lending · glossary
A stretch of time for which a loan's rate is fixed. Atlas chooses one, three or six months, and three months applies if it chooses nothing. Interest is paid on the last day of each period. Definition: Interest Period · Chapter 6
Explained in Chapter 6, Interest, Fees and the Cost of Money, of Finance Deals & Syndicated Lending.
A floating-rate loan runs in slices. Each interest period is a stretch of time with one rate. When it ends, interest is paid, a new EURIBOR is fixed and the next period begins.Read Chapter 6, Interest, Fees and the Cost of Money →
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each period determined under clause 9 by reference to which interest on a Loan is calculated;Read the definition in the document →
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