syndicated letter of credit facility

syndicated letter of credit facility
Банковское дело: синдицированная линия для выпуска аккредитивов, синдицированная аккредитивная линия

Универсальный англо-русский словарь. . 2011.

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  • syndicated facility — United Kingdom A loan or other credit facility provided by more than one lender to a borrower (or associated borrowers) under the terms and conditions of one facility agreement. A syndicated loan is a loan provided under a syndicated facility but …   Law dictionary

  • bilateral facility — United Kingdom A loan or other credit facility provided by a single lender to a borrower (or associated borrowers) under the terms of one facility agreement. A bilateral loan is a loan provided under a bilateral facility but the expression… …   Law dictionary

  • bilateral loan — United Kingdom A loan or other credit facility provided by a single lender to a borrower (or associated borrowers) under the terms of one facility agreement. A bilateral loan is a loan provided under a bilateral facility but the expression… …   Law dictionary

  • fronting bank — England, Wales In the context of syndicated credit facilities, a lender which issues a letter of credit, bond or guarantee on behalf of the lenders in the syndicate. The fronting bank is directly liable to the beneficiary for the full amount of… …   Law dictionary

  • fronting fee — England, Wales In the context of syndicated credit facilities, the fee payable by the borrower to the fronting bank for the credit risk the fronting bank takes on the syndicate lenders counter indemnifying it pro rata to their participation in… …   Law dictionary

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