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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Revolving Underwriting Facility

Revolving Underwriting Facility

Definition of 'Revolving Underwriting Facility'

A bank underwrites the borrowers access to funds at a specified rate in the short-term financial markets throughout an agreed period.

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Related Terms

RUFRevolving Credit FacilityUnderwriteUnderwritingAcceptance CreditAfter-Hours TradingDrawdown ArrangementLoan Guarantee SchemeRolled-Over Overdraft

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