Examples of Spread Loan in a sentence
The loan is a Fixed Spread Loan (FSL) with level repayments, starting on 15 March 2019, and a 24 year total repayment term.
MASEN, following discussions with the Ministry of Finance and because of the project structuring ( on-lending to SPC), has selected a Fixed Spread Loan, 80% in Euro and 20% in U.S. Dollars, linked to commitment with a 30 year maturity and 5.5 years of grace period, with level repayment.
The Government has confirmed that Indonesia will borrow this amount as a Variable Spread Loan (VSL) in US dollar currency with an annuity repayment schedule linked to commitments.
The loans have a final maturity of 7 years, including a grace period of 2 years and 6 months, and is made on standard Fixed Spread Loan terms for sovereign-backed loans with the corresponding average maturity.
The loan will be a Variable Spread Loan (VSL) in US dollars with a 15-year repayment period including a 5-year grace and level repayment of principal, as requested by MoF in a letter dated April 5, 2010.
The financial terms for the IBRD loan will be a Fixed Spread Loan (FSL) in US dollars; the terms for the IDA credit will be standard for an IDA/IBRD blend country.
Effective February 12, 2008, IBRD’s Executive Directors approved the IBRD Flexible Loan2 (IFL), which consolidates two loan products previously offered, namely the Fixed Spread Loan (FSL) and the Variable Spread Loan (VSL).
It will be a LIBOR-based Variable Spread Loan (VSL), commitment-linked with level repayments of the principal.
IBRD aims to reduce poverty in middle-income countries and credit-worthy poorer countries by promoting sustainable development, through loans, guarantees, non-lending services, which include analytical and advisory services.From February 12, 2008, the IBRD has consolidated its loan offerings, the Fixed Spread Loan(FSL) and Variable Spread Loan (VSL), into one product line - the IBRD Flexible Loan or IFL.
Xj captures specific characteristics of the facility (Spread, Loan Size, Maturity, Covenants, and Collateral).