Evergreen facility: Difference between revisions
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An evergreen facility is | An evergreen borrowing facility is one whose final maturity may be extended periodically by the borrower, with the lender's agreement, for a further term (normally a year at a time). | ||
== See also == | == See also == | ||
* [[Evergreen deposit]] | * [[Evergreen deposit]] | ||
* [[Facility]] | |||
* [[Green finance]] | * [[Green finance]] | ||
* [[Greenshoe option]] | * [[Greenshoe option]] | ||
* [[Maturity]] | * [[Maturity]] | ||
[[Category:The_business_context]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 08:55, 7 August 2019
An evergreen borrowing facility is one whose final maturity may be extended periodically by the borrower, with the lender's agreement, for a further term (normally a year at a time).
