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Aspects of the Negotiation of an interest Rate Cap

Journal of Property Finance

ISSN: 0958-868X

Article publication date: 1 September 1990

Abstract

Gives background behind and reasons for an interest rate cap. Explains the negotiating process and the documentation. Cautions that interest rates may still be subject to variation and both default and termination conditions must be carefully considered. Cautions also that the purchaser must be careful about which affiliated companies are allowed in the schedule.

Keywords

Citation

Nicholson, D. (1990), "Aspects of the Negotiation of an interest Rate Cap", Journal of Property Finance, Vol. 1 No. 3. https://doi.org/10.1108/EUM0000000003429

Publisher

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MCB UP Ltd

Copyright © 1990, MCB UP Limited