This is an old revision of this page, as edited by Pennsylvanian (talk | contribs) at 21:28, 26 January 2014 (←Created page with ''''Flex language''' is flexibility inserted into a syndicated loan contract that allows the arranging bank to alter the terms of the borrowing in order to at...'). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
Flex language is flexibility inserted into a syndicated loan contract that allows the arranging bank to alter the terms of the borrowing in order to attract enough lenders to finance the loan. These alterations could include increases in the interest rate, changes in covenants, or increases in prepayment penalties.
