bullet loan


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Bullet loan

A bank term loan that calls for no amortization.

bullet loan

A loan with a 5- to 10-year term,no amortization,and the entire principal balance due at the end.

References in periodicals archive ?
for an initial amount of USD 165,000,000, currently drawn in full, and (iii) the bullet loan agreement entitled "Term Loan Credit Agreement" dated 19 November 2015 entered into by CGG Holding (U.
The five-year bullet loan is co-financed by eight major international banks including Bank of Tokyo- Mitsubishi UFJ, Sumitomo Mitsui Banking Corporation, Mizuho Bank, HSBC, Standard Chartered, Natixis, Citibank and First Abu Dhabi Bank.
The company has sent out a request for proposals for a five-year bullet loan, one of the sources quoted by Reuters said.
Under a bullet loan, the amount borrowed is repaid at the end of the term.
BANKING AND CREDIT NEWS-May 9, 2012--Bank of China (Hong Kong) leading bullet loan deal for Sinotruk(C)2012 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-May 9, 2012--Bank of China (Hong Kong) leading bullet loan deal for Sinotruk(C)2012 M2 COMMUNICATIONS http://www.
s banking department what the market rate was for a 15-year bullet loan.
A final agreement, encompassing a 5-year bullet loan along with an 8-year amortizing facility, is set to be signed on the 4th of December 2011.
The five-year bullet loan, which is due to be signed next year, will pay a, so- called, all-in fee of 100 basis points over benchmark rates, the report said.
The facility consists of a bullet loan of EUR220m and a revolving credit of EUR110m.
The eight-year bullet loan can be disbursed either at fixed rates or at floating rates.
However, formula (5), like Ohlin's formulation, does not also deal with the case of a bullet loan, i.