Flex language is flexibility inserted into a syndicated loan contract that allows the arranging bank to alter the terms of the borrowing in order to attract enough lenders to finance the loan. These alterations could include increases in the interest rate, changes in covenants, or increases in prepayment penalties.
Ofer Abarbanel – Executive Profile
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.