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Apr 30 09:21
17 days ago
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anglais term
France
having a make whole for
anglais vers français
Affaires / Finance
Finance (général)
Interest shall accrue at the rate of Euribor 3 Month, re-calculated monthly on 1st day of each month, and added to the aggregate amount of the Facility (with each new month having a make whole for that month)
Je ne vois pas bien le sens de la phrase entre parenthèse ... une idée?
Je ne vois pas bien le sens de la phrase entre parenthèse ... une idée?
Proposed translations
(français)
| 3 +1 | Payable en entier chaque mois |
BOB DE DENUS
|
References
| This might help... |
Ana Vozone
|
Proposed translations
+1
1 heure
BOB DE DENUS
Native in anglais
&
français
Works in field
Over 25 years of industrial bilingualism
Native in: anglais 
, français
Works in: français vers anglais, anglais vers français
Related KudoZ points
:
8
Payable en entier chaque mois
Definitionof make whole = Make-Whole Where the Borrower has to pay the Lender the Net Present Value of the Loan if they redeem early. A 12 month Loan with a make-whole option, would mean the Borrower is liable for a minimum of 12 moths Interest (in addition to the outstanding Loan amount) regardless of when they repay the Loan.
Reference comments
15 minutes
Ana Vozone
Specializes in field
Will do!
Native in: portugais (Variant: European/Portugal) 
Works in: anglais vers portugais, français vers portugais, allemand vers portugais, and 1 more.
Related KudoZ points
:
73
Reference:
This might help...
https://www.econstor.eu/bitstream/10419/230333/1/1695649591....
Multiple researchers have observed a dramatic shift in US corporate bonds starting roughly in the mid 1990s and extending to the current period: from fixed premium call options to flexible rate call options.1
This flexible rate call provision was known initially as the “doomsday call” and is now referred to as “make whole” call. It originated in the Canadian corporate bond market in the mid 1980s and migrated to the US in the mid 1990s.2
Today, it is ubiquitous in the corporate bond market.
What is a make-whole?
Make-Whole Call Provision: What It Is, How It Works, Advantages
A make-whole call provision is a type of call provision on a bond allowing the issuer to pay off remaining debt early. The payment is derived from a formula based on the net present value (NPV) of previously scheduled coupon payments and the principal that the investor would have received.
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Note added at 29 mins (2024-04-30 09:50:38 GMT)
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Remboursement anticipé?
Le 28 février 2022, Mercialys exerce son option de remboursement anticipé (make-whole) afin de finaliser le refinancement de l’échéance obligataire à maturité mars 2023 dont le nominal résiduel est de 469,5 M€.
* Les Make Whole Call sont obligations pouvant être remboursées à tout moment par l'émetteur, à un montant incluant à la fois le nominal et les coupons que le porteur aurait reçus si le titre avait été remboursé à échéance.
https://www.mercialys.fr/investisseurs/financement/emissions...
“make-whole clause” means a clause that aims to protect the investor by ensuring that, in the event of early redemption of a bond, the issuer is required to pay to the investor holding the bond an amount equal to the sum of the net present value of the remaining coupon payments expected until maturity and the principal amount of the bond to be redeemed;’;
Multiple researchers have observed a dramatic shift in US corporate bonds starting roughly in the mid 1990s and extending to the current period: from fixed premium call options to flexible rate call options.1
This flexible rate call provision was known initially as the “doomsday call” and is now referred to as “make whole” call. It originated in the Canadian corporate bond market in the mid 1980s and migrated to the US in the mid 1990s.2
Today, it is ubiquitous in the corporate bond market.
What is a make-whole?
Make-Whole Call Provision: What It Is, How It Works, Advantages
A make-whole call provision is a type of call provision on a bond allowing the issuer to pay off remaining debt early. The payment is derived from a formula based on the net present value (NPV) of previously scheduled coupon payments and the principal that the investor would have received.
--------------------------------------------------
Note added at 29 mins (2024-04-30 09:50:38 GMT)
--------------------------------------------------
Remboursement anticipé?
Le 28 février 2022, Mercialys exerce son option de remboursement anticipé (make-whole) afin de finaliser le refinancement de l’échéance obligataire à maturité mars 2023 dont le nominal résiduel est de 469,5 M€.
* Les Make Whole Call sont obligations pouvant être remboursées à tout moment par l'émetteur, à un montant incluant à la fois le nominal et les coupons que le porteur aurait reçus si le titre avait été remboursé à échéance.
https://www.mercialys.fr/investisseurs/financement/emissions...
“make-whole clause” means a clause that aims to protect the investor by ensuring that, in the event of early redemption of a bond, the issuer is required to pay to the investor holding the bond an amount equal to the sum of the net present value of the remaining coupon payments expected until maturity and the principal amount of the bond to be redeemed;’;
Note from asker:
| Merci mais ça n'a pas de rapport je pense |
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