covenant-light loans and borrowings

Spanish translation: Préstamos no sujetos a las condiciones tradicionales (covenant-lite)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:covenant-light loans and borrowings
Spanish translation:Préstamos no sujetos a las condiciones tradicionales (covenant-lite)
Entered by: Margarita Ezquerra (Smart Translators, S.L.)

13:58 Oct 25, 2017
English to Spanish translations [PRO]
Bus/Financial - Business/Commerce (general)
English term or phrase: covenant-light loans and borrowings
A type of loan whereby financing is given with limited restrictions on the debt-service capabilities of the borrower. The issuance of covenant-lite loans means that debt is being issued, both personally and commercially, to borrowers with less restrictions on collateral, payment terms, and level of income.
Marta Valdés Enríquez
Spain
Local time: 01:40
Préstamos no sujetos a las condiciones tradicionales (covenant-lite)
Explanation:
https://multitran.com/m.exe?a=3&l1=5&l2=1&s=prestamo A


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Note added at 2 horas (2017-10-25 16:39:43 GMT)
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https://www.bankingsupervision.europa.eu/press/publications/...

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Note added at 2 horas (2017-10-25 16:42:11 GMT)
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Sería: Préstamos y créditos no sujetos a las condiciones tradicionales (covenant-lite)
Selected response from:

Margarita Ezquerra (Smart Translators, S.L.)
Spain
Local time: 01:40
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4Préstamos covenant-lite
Carmen Valentin-Rodriguez
3Préstamos no sujetos a las condiciones tradicionales (covenant-lite)
Margarita Ezquerra (Smart Translators, S.L.)


  

Answers


38 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Préstamos covenant-lite


Explanation:
Generally, some names would not make sense or perhaps could be misunderstood when translated. In such cases it’s safer to keep the original name as it. Below, it's a link in which the term is used without translating it.

The translation for borrowing is "solicitar o pedir un péstamo"

Example sentence(s):
  • "Los Covenant-Lite Loans, suelen eliminar muchas de las protecciones que generalmente se requieren cuando se otorga un préstamo."

    Reference: http://www.gurusblog.com/archives/covenant-lite-loans/13/04/...
Carmen Valentin-Rodriguez
United States
Local time: 19:40
Meets criteria
Specializes in field
Native speaker of: Native in SpanishSpanish
Notes to answerer
Asker: Thank you!

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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Préstamos no sujetos a las condiciones tradicionales (covenant-lite)


Explanation:
https://multitran.com/m.exe?a=3&l1=5&l2=1&s=prestamo A


--------------------------------------------------
Note added at 2 horas (2017-10-25 16:39:43 GMT)
--------------------------------------------------

https://www.bankingsupervision.europa.eu/press/publications/...

--------------------------------------------------
Note added at 2 horas (2017-10-25 16:42:11 GMT)
--------------------------------------------------

Sería: Préstamos y créditos no sujetos a las condiciones tradicionales (covenant-lite)

Margarita Ezquerra (Smart Translators, S.L.)
Spain
Local time: 01:40
Does not meet criteria
Specializes in field
Native speaker of: Spanish
PRO pts in category: 876
Notes to answerer
Asker: Thank you!

Login to enter a peer comment (or grade)



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