structured finance
A relatively complex debt instrument that is arranged and designed (structured) to meet the special financing needs of large borrowers, typically issu [...]
seniority
The priority of repayment of debt in the event of the sale or bankruptcy of a debtor, where all debt and equity has a specific seniority or ranking an [...]
secondary market trading
The trading of financial instruments (securities, loans, etc.) after their issuance or origination in the primary market, where they are free to trade [...]
front running letter
A document in which a prospective lender or investor acknowledges the prohibition on front running during the primary syndication of a financing. [...]
confidentiality letter
A document in which a prospective lender or investor undertakes to treat confidentially any information provided to the mandated lead arranger (MLA) b [...]
relationship bank
A bank that has long-term contracts established with the customer, with a view to provide banking services that are considered part of a continuing ba [...]
