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banche finanziatrici

English translation: Lending Banks

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:banche finanziatrici
English translation:Lending Banks
Entered by: Christopher Burin
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09:11 Mar 5, 2007
Italian to English translations [PRO]
Bus/Financial - Finance (general)
Italian term or phrase: banche finanziatrici
From financial text:
'Il verificarsi anche di un solo Evento Rilevante attribuira' alle Banche Finanziatrici la facolta', da esercitarsi mediante comunicazione scritta al Debitore da parte della Banca Agente'

Financing Banks? Banks? Banks providing the financing? I know what the text means but was wondering if anyone knew if there is a standard way of translating this term into English. All answers much appreciated - thank you and hope you all enjoyed your weekend :-)
Christopher Burin
Local time: 15:02
Lending Banks
Explanation:
Here is an excerpt from a syndication document which refers to the role of the Agent Bank administering the loan on behalf of the banks in the syndicated...the lending banks or lenders.

"The Lending Banks jointly entrust the Agency Bank with the duty of ... One of the Syndicated Loan Agreement Re: Provision to the Lending Banks of ..."
Selected response from:

xxxDCypher
Local time: 16:02
Grading comment
Thanks very much to all of you and Paul thanks for the excerpt :-)
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +6Lending BanksxxxDCypher


  

Answers


6 mins   confidence: Answerer confidence 5/5 peer agreement (net): +6
Lending Banks


Explanation:
Here is an excerpt from a syndication document which refers to the role of the Agent Bank administering the loan on behalf of the banks in the syndicated...the lending banks or lenders.

"The Lending Banks jointly entrust the Agency Bank with the duty of ... One of the Syndicated Loan Agreement Re: Provision to the Lending Banks of ..."

xxxDCypher
Local time: 16:02
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1066
Grading comment
Thanks very much to all of you and Paul thanks for the excerpt :-)

Peer comments on this answer (and responses from the answerer)
agree  Alessandro Zocchi: Hi Paul, have a nice day!!! Ale
3 mins

agree  Juliet Halewood
4 mins

agree  Adele Oliveri: "financing banks" would work as well :-)
35 mins

agree  Peter Cox
35 mins

agree  Luisa Fiorini
43 mins

agree  James (Jim) Davis
2 hrs
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