Evergreen facility: Difference between revisions
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imported>Doug Williamson (Link with Evergreen deposit page.) |
imported>Doug Williamson (Expand definition.) |
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A facility whereby the final maturity may be extended periodically, with the lender's agreement, for a further term (normally a year at a time). | A facility whereby the 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]] | ||
* [[Green finance]] | |||
* [[Greenshoe]] | |||
* [[Maturity]] | * [[Maturity]] |
Revision as of 09:56, 6 August 2019
A facility whereby the final maturity may be extended periodically by the borrower, with the lender's agreement, for a further term (normally a year at a time).