Swingline facility

Bank borrowing facility to provide finance while the firm replaces U.S. commercial paper with eurocommercial paper. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • swingline facility — USA A swingline facility is a sub limit of a syndicated revolving credit loan whereby a lender makes a short term (operating not more than five days) loan, in smaller amounts, on shorter notice and with a higher interest rate than is otherwise… …   Law dictionary

  • swingline facility — Bank borrowing facility to provide finance while the firm replaces US commercial paper with eurocommercial paper. Bloomberg Financial Dictionary …   Financial and business terms

  • swingline — A swingline facility is a very short term (not more than five days) bridging loan which can be drawn down on the same day a drawdown request is made. Its purpose is to guarantee that the borrower will have enough money, in the correct currency,… …   Law dictionary

  • swingline loan — USA A swingline facility is a sub limit of a syndicated revolving credit loan whereby a lender makes a short term (operating not more than five days) loan, in smaller amounts, on shorter notice and with a higher interest rate than is otherwise… …   Law dictionary

  • swingline bank facility — swingline loan A facility that enables a borrower to avail itself of funds at very short notice, usually on a same day basis, often to cover shortfalls in other credit arrangements. It may form part of a multi option facility …   Accounting dictionary

  • swingline bank facility — swingline loan A facility that enables a borrower to avail itself of funds at very short notice, usually on a same day basis, often to cover shortfalls in other credit arrangements. It may form part of a multi option facility …   Big dictionary of business and management

  • swingline loan — swingline bank facility …   Accounting dictionary

  • Swingline — infobox company name = Swingline company type = Subsidiary of ACCO Brands foundation = 1925 (New York City) location = Lincolnshire, IllinoisSwingline is a division of ACCO Brands that specializes in manufacturing staplers and hole punches. The… …   Wikipedia

  • Facility — A term used to describe financial assistance programs offered by lending institutions to help companies requiring capital These financial assistance programs are merely another name for loans taken on by companies. Examples of such facilities… …   Investment dictionary

  • Линия Свиглайн Фэсилитьи — англ. swingline facility кредитная линия, обеспечивающая заемщику возможность перекрывать разницу во времени, которая образуется при чередовании операций, связанных с переходом с национального на международный рынок, и наоборот. Словарь бизнес… …   Словарь бизнес-терминов

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