Glossary entry (derived from question below)
Italian term or phrase:
banche finanziatrici
English translation:
Lending Banks
Added to glossary by
Christopher Burin
Mar 5, 2007 09:11
17 yrs ago
4 viewers *
Italian term
banche finanziatrici
Italian to English
Bus/Financial
Finance (general)
From financial text:
'Il verificarsi anche di un solo Evento Rilevante attribuira' alle Banche Finanziatrici la facolta', da esercitarsi mediante comunicazione scritta al Debitore da parte della Banca Agente'
Financing Banks? Banks? Banks providing the financing? I know what the text means but was wondering if anyone knew if there is a standard way of translating this term into English. All answers much appreciated - thank you and hope you all enjoyed your weekend :-)
'Il verificarsi anche di un solo Evento Rilevante attribuira' alle Banche Finanziatrici la facolta', da esercitarsi mediante comunicazione scritta al Debitore da parte della Banca Agente'
Financing Banks? Banks? Banks providing the financing? I know what the text means but was wondering if anyone knew if there is a standard way of translating this term into English. All answers much appreciated - thank you and hope you all enjoyed your weekend :-)
Proposed translations
(English)
5 +6 | Lending Banks |
DCypher (X)
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Proposed translations
+6
6 mins
Selected
Lending Banks
Here is an excerpt from a syndication document which refers to the role of the Agent Bank administering the loan on behalf of the banks in the syndicated...the lending banks or lenders.
"The Lending Banks jointly entrust the Agency Bank with the duty of ... One of the Syndicated Loan Agreement Re: Provision to the Lending Banks of ..."
"The Lending Banks jointly entrust the Agency Bank with the duty of ... One of the Syndicated Loan Agreement Re: Provision to the Lending Banks of ..."
4 KudoZ points awarded for this answer.
Comment: "Thanks very much to all of you and Paul thanks for the excerpt :-)"
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