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Glossary entry

English term or phrase:

Facilities Agent

German translation:

Facility-Agent / Führungsbank

Added to glossary by Alexander Schleber (X)
Oct 15, 2001 03:40
22 yrs ago
4 viewers *
English term

Facilities Agent

English to German Bus/Financial Investment / Securities
X has been appointed to act as Facilities Agent for the Fund in the United Kingdom and has agreed to provide facilities at its offices at Y.

Is this "örtlicher Bevollmächtigter", a special legal UK-term or something totally different?
Proposed translations (German)
5 +1 Facility-Agent / Führungsbank
4 Repräsentant
Change log

Jan 22, 2011 18:46: Steffen Walter changed "Field (specific)" from "(none)" to "Investment / Securities"

Proposed translations

+1
30 mins
Selected

Facility-Agent / Führungsbank

Hi Andy,
that's what Zahn, Bank- und Börsenwesen suggests as the best translation.

I do not find the reference to the "örtliche Bevollmächtigter" in your context. This could be "local agent" in English and would not have any special legal significance, outside of the potentially limited powers of attorney.
Peer comment(s):

agree Maya Jurt
8 mins
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4 KudoZ points awarded for this answer. Comment: "Vielen Dank, Führungsbank macht Sinn. Danke auch an Maya für den Link und die Erläuterungen von Cruse."
34 mins

Repräsentant

Im Zusammenhang mit Fonds-Übersetzungen habe ich auch schon "Fazilitätenstelle" gesehen.

Im Gabler findet sich noch "Führungsbank": - Nach Aufforderung des Emittenten bzw. der Führungsbank (Facility Agent) an die Mitglieder des Bankenkonsortiums (Tender Panel) werden Gebote, die über einem häufig vorgegebenen Mindestpreis liegen, von diesen abgegeben. - Das scheint aber nicht in den Kontext zu passen //
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