A term in a credit agreement that requires prepayment of term loans with cash generated or received from some event, refers to which of the following?
A) hard call
B) mandatory prepayments
C) voluntary prepayments
D) offer to purchase
Answer: B
A term in a credit agreement that requires prepayment of term loans with cash generated or received from some event, refers to which of the following?
A) hard call
B) mandatory prepayments
C) voluntary prepayments
D) offer to purchase
Answer: B