Glossary Category: B

Acquisition of a controlling stake in a company, often using significant leverage. Also known as: Leveraged Buyout (LBO)

Single lump-sum repayment of principal at the maturity of a debt instrument.

Loans which are provided by a relatively large (15-20+) group of lenders (a combination of banks and institutional investors). Lenders are able to trade these

Short-term financing used until permanent funding is arranged. In leveraged finance transactions, a bridge facility typically has a maturity of 12 months, and also includes

Institution (typically a bank) coordinating the process of marketing and distributing a bond financing on behalf of an issuer.The term has also extended to apply

Financing arranged by one or multiple financing parties (usually banks) acting as Arranger(s), who will look to distribute all or a part of this financing