Definitions for "highly confident letter"
A letter from an investment bank indicating that it is very likely that it will...
A letter from an investment bank that is 'highly confident' of the ability to arrange financing for a securities deal. A highly confident letter may be used to finance a multibillion-dollar takeover or a leveraged buyout. Though the investment banker is 'highly confident' financing can be arranged, a highly confident letter is not an ironclad guarantee of financing.
A letter from an investment bank indicating that i... Add a comment