Glossary entry

English term or phrase:

to draw down a (loan) commitment

French translation:

décaisser un prêt

Added to glossary by JulieM
Aug 2, 2010 16:08
13 yrs ago
3 viewers *
English term

to draw down a commitment

English to French Bus/Financial Finance (general) LBO
[contexte : une valse des LBO]
Investors who are exposed to multiple funds may get a cash exit when private equity firm A sells, only to find that private equity firm B ***draws down a commitment*** to buy an asset embarking on a new round of leveraging and restructuring.

Je ne comprends pas... Merci d'avance !

Proposed translations

2 hrs
Selected

décaisser un prêt

commitment=loan commitment

...draws down a commitment...=...procède au décaissement d'un prêt (arrangé au préalable)...
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4 KudoZ points awarded for this answer. Comment: "C'est le plus logique dans mon texte, effectivement Merci !"
1 hr

ne tient pas un engagement

...
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1 hr

Tirer sur son engagement

C'est ce qu'on utilise comme expression à la banque où je travaillais.
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