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Glossary entry

English term or phrase:

(un)wrapped loan facility

Dutch translation:

(niet) overgenomen leenfaciliteit

Added to glossary by Erik Brinkhof
Dec 10, 2007 15:11
17 yrs ago
English term

(un)wrapped loan facility

English to Dutch Bus/Financial Finance (general)
"A Senior Term Loan Facility of up to € (xx) million, - wrapped or unwrapped"
Proposed translations (Dutch)
3 (niet) overgenomen leenfaciliteit
Change log

Dec 10, 2007 15:57: Antoinette Verburg changed "Level" from "Non-PRO" to "PRO"

Dec 17, 2007 03:50: Erik Brinkhof Created KOG entry

Proposed translations

14 hrs
Selected

(niet) overgenomen leenfaciliteit

A wrapped loan facility is a loan facility taken over from another party. I believe that unwrapped simply means "not taken over" (thus: initial).

Perhaps you want to translate "wrapped or unwrapped" as "al dan niet overgenomen"
Reference:

http://www.firsttuesdayonline.com/Journal/2004%20Archive/Working%20the%20AITD.htm

http://www.ameinfo.com/81328.html

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