Glossary Category: R

Typically referring to the marketing period for high yield bonds, involving a combination of group presentations and management 1×1 meetings with individual investors, with the

Line of credit allowing repeated borrowing and repayment up to a limit, typically used by companies to manage working capital and liquidity requirements. Use of

Risk of being unable to renew or replace maturing debt.

In private equity, a “refi” (short for refinancing) refers to the process of restructuring or replacing existing debt arrangements for a portfolio company. This strategy