Glossary Category: T

A fee (expressed in percentage terms) paid on the available but undrawn portion of a committed (or underwritten) facility, to compensate the underwriter for commitments

Institutional loan tranche with minimal amortization (generally 1% per annum, or no amortization in the European Leveraged Loan market) and longer maturity than a TLA.

Typically a term loan provided by banks, which includes an amortization schedule. If you would like to learn more about the financing process, please see

In debt financing, both “term sheet” and “term grid” are important tools used to outline the terms and conditions of a financial transaction. However, they

A Term Grid is a tool used in debt financing transactions to outline and negotiate the terms and conditions of a proposed loan or credit