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Glossary > C > "Confidence letter" Definition

Confidence letter

Often used in risk arbitrage. Statement by an investment bank that it is highly confident that the financing for its client/acquirers takeover can and will be obtained.

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Confidence letter - Often used in risk arbitrage. Statement by an investment bank that it is highly confident that the financing for its client/acquirers takeover can and will be obtained.

Confidence letter : often used in risk arbitrage. statement by an investment bank that it is highly confident that the financing for its client/acquirers takeover can and will be obtained.