Term loans is considered private debt.

Term Loans

Direct business loans of, typically, one to five years.

Private Debt

Loans and debt financing instruments that are not publicly traded, typically provided by private investors or non-bank financial entities.

Distinguish between public cash offerings and private lending.

Verified Answer

Angelique Naholowa'a-HopkinsJul 17, 2024

Final Answer :

True

Explanation :

Term loans are a form of private debt because they are typically arranged between a borrower and a private lender, such as a bank, without public issuance of securities.

Learning Objectives

Distinguish between public cash offerings and private lending.

Term loans is considered private debt.

Definitions

Learning Objectives

Learning Objectives

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