Specifies a typology for loan facilities.
loanTypeScheme
1-0
http://www.fpml.org/coding-scheme/facility-type
http://www.fpml.org/coding-scheme/facility-type-1-0
http://www.fpml.org/coding-scheme/facility-type-1-0
Code
63
Source
Description
key
BridgeLoan
FpML
Bridge loan.
LetterOfCredit
FpML
Letter of credit, i.e. commitment by a bank or syndicate to provide a certain amount of funding.
RevolvingLoan
FpML
Revolving loan.
SwinglineFunding
FpML
Swingline funding, which refers to the portion of revolving loan facility that can be funded without advance notice. Sometimes, the swingline is traded separately from the rest of the loan facility.
TermLoan
FpML
Term loan.
TradeClaim
FpML
Trade claim, i.e. claim on assets that result from a restructuring or bankruptcy.