What the results are whether your Bridge is still set up?
Monday, 30 September 2024
Because the listed above, if for example the very first link mortgage terms away either because of the getting the 1 year maturity or through to an unsuccessful securities demand, the brand new bridge loan immediately (subject to very limited exceptions such as non-payment of charge) is actually refinanced towards longer name funds, that have a maturity date equal to one to advised on the long lasting funding (we.age., brand new tenor of your own highest produce bond remove resource). (more…)
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