Pricing grid: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson (Align with qualifications material CFF 4.2.2 page 8 Section 6.2.) |
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A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower. | A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower. | ||
Also known as a 'ratchet'. | |||
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* [[Credit rating]] | * [[Credit rating]] | ||
* [[Ratings trigger]] | * [[Ratings trigger]] | ||
* [[Rating grid]] | |||
[[Category: | [[Category:Treasury_operations_infrastructure]] | ||
Latest revision as of 16:34, 25 July 2015
A clause in a loan document which links the pricing of the borrowing to the credit rating of the borrower.
Also known as a 'ratchet'.
