Glossary entry

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 :-)
Proposed translations (English)
5 +6 Lending Banks

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 ..."
Peer comment(s):

agree Alessandro Zocchi : Hi Paul, have a nice day!!! Ale
3 mins
agree Juliet Halewood (X)
4 mins
agree Adele Oliveri : "financing banks" would work as well :-)
35 mins
agree Peter Cox
35 mins
agree Luisa Fiorini
43 mins
agree James (Jim) Davis
2 hrs
Something went wrong...
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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