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Home > Terms > English, UK (UE) > Highly confident letter
Highly confident letter
A letter from an investment bank indicating that it is highly confident that it will be able to raise financing for a transaction, but without legally obligating itself to do so.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Private equity
- Company:
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- Acronym-Abbreviation:
Other Languages:
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