Question: If a bank facility is not completely paid back at the end of its tenor and the borrower is not able to refinance the loan,
If a bank facility is not completely paid back at the end of its tenor and the borrower is not able to refinance the loan, the SPV is forced into bankruptcy. Which is the repayment method underlying this statement?
a) Balloon repayment
b) Hard mini perm
c) Soft mini perm
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B With the hard mini perm the duration of the loan is set on a t... View full answer
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