A sample term sheet for a sterling term loan facility, to be provided by a syndicate of lenders to a corporate borrower for general corporate and working capital purposes.
A sample term sheet for a sterling term loan facility, to be provided by a syndicate of lenders to a corporate borrower for general corporate and working capital purposes.
Optionality has been included for the interest rate to be linked to either SONIA compounded in arrears (using a lookback period without observation shift) or the Bank of England’s Bank Rate.
This term sheet should be tailored to fit the agreed commercial terms.