Re?financing risk
The risk that the borrower has to refinance redemptions on the debt at a time when the interest?rate level is high, or in a period where the borrower´s specific borrowing terms are particularly unfavourable.
The risk that the borrower has to refinance redemptions on the debt at a time when the interest?rate level is high, or in a period where the borrower´s specific borrowing terms are particularly unfavourable.