| 000 | 01171cab a22002175a 4500 | ||
|---|---|---|---|
| 001 | L143261 | ||
| 008 | 080422e20080419xxk f 000 0 eng d | ||
| 035 | _a(Sirsi) u143261 | ||
| 041 | 0 | _aeng | |
| 100 | 1 | _aGreig, William | |
| 245 | 0 | 0 | _aBorrowers feel the pinch |
| 260 | _c2008 | ||
| 490 |
_aEstates Gazette _v(0815) 19 April 2008, 164-166(3) |
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| 520 | _aDescribes the changing use of banking covenants in light of the difficulties faced by the UK property market. These are contractual statements made by borrowing businesses under loan agreements, designed to ensure that the debt can be serviced at all times. Their terms are becoming tighter. Covers the main types of covenants: enforcing the disclosure of information, restrictions on dealings and business changes, and property related covenants. Describes the more stringent conditions being applied in each of these cases. Explains that many banks will favour a tightening of covenants rather than an acceleration and calling in of loans. | ||
| 590 | _aKA | ||
| 651 | 4 |
_aUnited Kingdom _y |
|
| 690 | _aPROPERTY-PROPERTY MARKET | ||
| 700 | 1 | _aFielding, Karen | |
| 700 | 1 | _aRiordan, Sarah | |
| 942 | _n0 | ||
| 999 |
_c80121 _d80121 |
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