Term B loan

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Term B loan definition - finance
A loan that costs more than traditional bank debt but costs less than a typical mezzanine loan, which may cost as much as 20 percent. In the event of default, Term B lenders are paid back before mezzanine lenders but after bank lenders.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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"Term B loan." Webster's New World Finance and Investment Dictionary. 2009

  • Your Dictionary. 5 July 2009
  • <www.yourdictionary.com/finance/term-b-loan>

APA Style

Term B loan. (2009). In Webster's New World Finance and Investment Dictionary

  • Retrieved July 5th, 2009, from www.yourdictionary.com/finance/term-b-loan

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