TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

transferable revolving underwriting facility [1 record]

Record 1 1989-06-12

English

Subject field(s)
  • Loans
  • Banking
DEF

A RUF for which the underwriting commitment of a participating bank is easily transferable to another bank.

OBS

RUF: Revolving underwriting facility. A term first used by Merrill Lynch International Limited denoting a facility which used the sole placing agency distribution method. Strictly speaking, the RUF should denote exclusively this structure but has now become associated by many as the generic term for euronote issuance facilities.

French

Domaine(s)
  • Prêts et emprunts
  • Banque
OBS

Terme utilisé dans un document interne traduit de la Banque des règlements internationaux.

Spanish

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