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English to Polish translations [PRO] Bus/Financial - Accounting
English term or phrase:underwriting fee
An underwriting facility is where the bank underwrites a facility to an agreed level (ie. promises to lend certain level of funds to a counter party)
Sold to hold level before closing - if the facility the bank has underwriten / syndicated has been sold down to its santioned hold level before closing, Bank does not have any remaining underwriting risk.
Not sold to hold level before closing - if the facility the bank has underwriten / syndicated has not been sold down to its santioned hold level before closing, Bank had underwriting risk