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Definition | : | Term Loan B |
Category | : | Business » Finance |
Country/ Region |
: | Worldwide
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Popularity | : |
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Term Loan B (TLB) is a type of loan that is typically used to finance leveraged buyouts, mergers and acquisitions, and other corporate purposes. It is a form of secured loan typically provided by a syndicate of lenders, which can include commercial banks and institutional investors.
TLB involves periodic interest payments throughout the loan term, with no principal payments, and requires a lump sum payment of the remaining principal at the end of the maturity period.
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The full form of TLB is Term Loan B
Tractor Loader Backhoe | Translation Lookaside Buffer | The Living Bible | Term Loan B | Transmit Load Balancing | Turcicum Leaf Blight | type library | Toilette à Litière Biomaîtrisée | True Launch Bar | Technical Log Book