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A contingent liquidity facility provided to district housing associates to support the issuance of tax-exempt floating rate securities (Variable Rate Demand Obligations) issued to support affordable housing.
A standby equity purchase agreement is a contract between a company and investor that allows the latter to purchase shares of company stock at a set price. The standby equity purchase agreement is typically used when a company is planning to go public or is seeking to raise additional funds through a private placement.
The Stand-by Arrangement (SBA) provides short-term financial assistance to countries facing balance of payments problems. Historically, it has been the IMF lending instrument most used by advanced and emerging market countries.
An equity purchase agreement, also known as a share purchase agreement or stock purchase agreement, is a contract that transfers shares of a company from a seller to a buyer. Equity purchases can be used to acquire a business in whole or in part.