|
Bridge loan (See Chapter 22 of the Vernimmen)
Bridge loans are set up to provide funds until Permanent financing is raised (capital increases, Bond borrowings or the Disposal of a subsidiary) that will be used to repay it. Bridge loans are of short duration, expensive and frequently used for large transactions.
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 60,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 130,000 copies
- And all the rest |