Multicurrency Note Facility A credit facility that finances short- to medium-term Euro notes. Multicurrency note facilities are denominated in many currencies. This type of credit facility allows the borrower to choose which currency to use in each rollover period when the loan is refinanced, but allows the lender to choose the currency the loan is to be repaid in. Investopedia Explains: Multicurrency note facilities are the riskiest lending avenue for borrowers. This is because the borrower assumes the...
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