term loan

Also found in: Acronyms.

Term loan

A bank loan, typically with a floating interest rate, for a specified amount that matures in between one and ten years, and requires a specified repayment schedule.

Term Loan

A loan from a bank with a floating interest rate, the total amount of which must be paid off in a certain period of time. An example of a term loan is a loan to a small business to buy fixed assets, such as a factory, in order to operate. The length of a term loan varies between one and 10 years, depending on the loan agreement.

term loan

a form of BANK LOAN made for a fixed time period at a predetermined rate of interest.

term loan

A loan with a maturity date but no amortization.One pays the interest monthly, quarterly,or annually,as required by the lender,but the principal is not due until maturity.Term loans of short duration,usually less than one year,may be set up as single pay loans.In that case,principal and all accrued interest are paid at maturity.

References in periodicals archive ?

will act as joint lead arrangers and joint book runners for the Term Loan.

United States : Genworth Announces Launch of Syndication of $450 Million Senior Secured Term Loan

125bn term loan B facility was issued at par and bears interest at a rate of LIBOR plus 2.

Nexstar Media receives commitments for USD3.1bn refinancing of senior secured term loans and revolving credit facility

The extensions come as iHeart hasamended the private offers to lenders under itsTerm Loan D and Term Loan E facilities.

Another Extension For iHeart Exchange Offers

The final maturity date of the term loans is September 12, 2021, the firm said.

Charter closes on USD 3.5bn of term loans

Additionally, the company amended its existing USD 50m unsecured term loan, which matures in 2018, decreasing the interest rate by 20 basis points to LIBOR plus 175 basis points thereby matching the pricing grid of the new five-year unsecured term loan.

KeyBank leads USD 150m Cedar Realty Trust loan financing

The financing was structured as a 15-year term loan, with 15-year amortization, 65% LTV and a 1.

Column's NY office arranges $16.2 loans around nation

Therefore, after meeting with a term lender, he negotiated a term loan for 85 per cent of the purchase price and subordinated debt for the difference.

Overcoming financing hurdles. (Business Financing)

Upon closing of this refinancing transaction, the new Tranche B 2024 term loan will bear interest at LIBOR plus 2.

Level 3's subsidiary completes refinancing of USD4.61bn senior secured credit agreement

-S&P rates Nalco's USD750m term loans at BB+

When AFRs are very low, clients should consider converting their demand loans into term loans to lock in the low rates.