Evergreen facility: Difference between revisions
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imported>Doug Williamson (Expand definition.) |
imported>Doug Williamson (Mend link.) |
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* [[Evergreen deposit]] | * [[Evergreen deposit]] | ||
* [[Green finance]] | * [[Green finance]] | ||
* [[Greenshoe]] | * [[Greenshoe option]] | ||
* [[Maturity]] | * [[Maturity]] |
Revision as of 11:28, 6 August 2019
An evergreen facility is a facility 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).