Extension fee: Difference between revisions
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imported>Doug Williamson (Create page - source - ACT - https://www.treasurers.org/hub/treasurer-magazine/act-deals-of-the-year-awards-2022-loans-below-750m-winner) |
imported>Doug Williamson (Layout.) |
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:<span style="color:#4B0082">'''''Reduced extension fees - RS Group'''''</span> | :<span style="color:#4B0082">'''''Reduced extension fees - RS Group'''''</span> | ||
" | :"After consulting with existing banks and new potential lenders during the summer it was decided to seize the window of opportunity and launch an ‘amend and restatement’ RCF. | ||
:A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period." | :A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period." | ||
Revision as of 14:04, 9 April 2023
Lending - borrowing - bank facilities - term - extension.
An extension fee is an amount payable by a borrower in return for the extension of the term of a borrowing facility.
- Reduced extension fees - RS Group
- "After consulting with existing banks and new potential lenders during the summer it was decided to seize the window of opportunity and launch an ‘amend and restatement’ RCF.
- A Term Sheet was agreed with pricing the same as the previous deal apart from reduced extension fees and the benefit of the arrangement fee spread over a longer period."
- The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m winner.
