Commercial Paper (CP)

This is a short-term borrowing, unsecured note with a fixed maturity date. Though not exclusively, companies usually issue CPs. BancABC can facilitate the issuing of a CP on behalf of your company and market the paper to investors. Blue chip companies of higher credit rating usually issue commercial paper for funding requirements

  • The cost of borrowing using Commercial Paper is usually lower than other borrowing facilities.
  • The bank merely acts as an agent and charges a fee for matching the borrower with investors

 

 

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