Pricing grid: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add alternative name.) |
imported>Doug Williamson (Align with qualifications material CFF 4.2.2 page 8 Section 6.2.) |
||
(One intermediate revision by the same user not shown) | |||
Line 1: | Line 1: | ||
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'. | |||
Line 8: | Line 7: | ||
* [[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'.