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. If you would like to learn more about the financing process, please see our Termgrid

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