balloon payment

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Related to Bullet payment: balloon payment, Bullet loan

balloon payment,

n a final payment larger than the preceding payments when a debt is not fully amortized.
References in periodicals archive ?
The facility is repayable in one bullet payment within 3 years, from the proceeds of a future Islamic Finance Facility or a Sukuk issue.
Similar to controlled amortisation transactions, bullet payment structures feature two separate cash flow management periods.
The loan has an interest rate based on LIBOR with a disbursement period of 66 months and a bullet payment due in March 2021.
The lack of liquidity mitigants in the Spanish CH template makes worse the risk of non-payment on the CH in case of an issuer defaulting just before a bullet payment is due, Fitch said.
A one-off bullet payment from cash reserves has reduced its stadium related debt from pounds 32m to pounds 25m - and follows on from a debt reduction of pounds 10m in 2008.
Areas where deliveries were made (mainly Downtown Burj Khalifa and Dubai Marina) lead the declines as buyers seem to be offloading their properties ahead of the final bullet payment.
The principal investment amount will be returned as a bullet payment on maturity.
The facility is repayable in one bullet payment within 3 years, from the proceeds of a future Islamic Finance Facility or a Sukuk issue (the mandate for which has already been awarded to Badr Al Islami, Mashreqbank psc).
In the case of the notes, there is a bullet payment in 2020.
According to Registrar of Companies (RoC) here, DCHL has availed itself of this credit facility from Axis Bank at an interest rate of 12% per annum and is to be repaid by way of bullet payment at the end of five and half months from the date of disbursement.
The proposed debentures will have a five-year maturity with principal repayment as a bullet payment on maturity, with coupons to be paid on a semi-annual basis at a fixed rate.
Amortizing this bullet payment over the life of the bonds, the debt burden is closer to 5%, which Fitch views as moderate.