Which of the following is not an advantage of a term loan over public debt offerings?
A) speed
B) low issuance costs
C) significantly lower interest rates
D) flexibility

Question

Quizplus · Accepted Answer

Term loans typically have higher interest rates than public debt offerings due to the lower credit risk and longer maturity of public debt offerings. Therefore, "significantly lower interest rates" is not an advantage of term loans over public debt offerings.

Which of the Following Is Not an Advantage of a Term