https://www.proz.com/kudoz/english-to-spanish/business-commerce-general/6414176-covenant-light-loans-and-borrowings.html
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Glossary entry

English term or phrase:

covenant-light loans and borrowings

Spanish translation:

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

Added to glossary by Margarita Ezquerra (Smart Translators, S.L.)
Oct 25, 2017 13:58
6 yrs ago
9 viewers *
English term

covenant-light loans and borrowings

English to Spanish Bus/Financial Business/Commerce (general)
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.
Proposed translations (Spanish)
3 Préstamos no sujetos a las condiciones tradicionales (covenant-lite)
4 Préstamos covenant-lite
Change log

Nov 6, 2017 16:42: Margarita Ezquerra (Smart Translators, S.L.) changed "Edited KOG entry" from "<a href="/profile/684804">Marta Valdés Enríquez's</a> old entry - "covenant-light loans and borrowings"" to ""Préstamos no sujetos a las condiciones tradicionales (covenant-lite)""

Proposed translations

2 hrs
Selected

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

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)
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4 KudoZ points awarded for this answer.
38 mins

Préstamos covenant-lite

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:

"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/13/04/2014/

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