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22:41 Feb 6, 2018
English to German translations [PRO] Bus/Financial - Finance (general) / Aus einem Form 10K
English term or phrase:Term loan
Term Loan Facilities and Revolving Credit Facility
In connection with the Combination, on XXX 2015, we entered into the Credit Agreement, which provided for a 5 -year senior unsecured term loan in XXXbillion (together the Credit Facility).
Does "term" refer to the fact that it is unsecured, which I think it does, but I would like to make sure.