GIGAMIND

Folder:
115 CFA
File:
115.070.02.04 Fixed Income - Reading 43 - 4. Corporate Debt

4. Corporate Debt

g. describe types of debt issued by corporations;

What is a bilateral loan?
A bilateral loan is a loan from a single lender to a single borrower.

What is a syndicated loan?
A syndicated loan is a loan from a group of lenders to a single borrower.

What is commercial paper?
Commercial paper describes a short-term, unsecured promissory note that is used by companies as a source of short-term and bridge financing.


Source:
  • CFA