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Oct 31, 2023 10:58
6 mos ago
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French term

sorties d’effet de levier

French to English Bus/Financial Finance (general) sorties d’effet de levier
Hi

I am translating an audit report for a bank and the term 'sorties d’effet de levier' occurs in the section on leveraged loans. We are told that 'Ce contrôle porte sur la révision des calculettes effet de levier, les augmentations d’autorisations, les cotations en anomalies ou encore les sorties d’effet de levier.' Could it mean deleveraging? No further information is provided.

Thank you in advance.
Proposed translations (English)
3 leveraging-impact exit-strategies
4 Shifts to negative leverage effect
References
liquidation/unwinding

Discussion

Translator876 (asker) Oct 31, 2023:
No, they are not.
Emmanuella Oct 31, 2023:
https://breakingintowallstreet.com/kb/leveraged-buyouts-and-...
philgoddard Oct 31, 2023:
You say no further information is provided, but surely these 'sorties' should be discussed later in the text.

Proposed translations

1 day 2 hrs
Selected

leveraging-impact exit-strategies

I'm not quite sure why liquidation - in these war-torn times - has been canvassed, but settlement of deals is commoner or 'more common' in the banking trade.

Otherwise, 'deleveraging' - as mooted by the asker - is a good idea.
Example sentence:

What determines the exit decision for leveraged buyouts?

Deleveraging definition, the act or process of paying off or reducing debt; a decreasing of financial leverage.

Reference:

http://www.sciencedirect.com/science/article/abs/pii/S0378426615001715

http://corporatefinanceinstitute.com/resources/commercial-lending/deleveraging/

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4 KudoZ points awarded for this answer.
15 hrs

Shifts to negative leverage effect

The shifts to negative leverage effet are the situations in which the leveraged loan borrower's financial statements present a negative net income while he is paying back his high risk leveraged loan.


What Is a Leveraged Loan?

A leveraged loan is one that is extended to companies or individuals that already have considerable amounts of debt or a poor credit history. Lenders consider leveraged loans to carry a higher risk of default, and as a result, a leveraged loan is more costly to the borrower.

Leveraged loans for companies or individuals with debt tend to have higher interest rates than typical loans. These rates reflect the higher level of risk involved in issuing the loans.

Source: Investopedia



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Note added at 1 day 3 hrs (2023-11-01 14:17:35 GMT)
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Selon ma traduction, sortie d'effet de levier veut dire un changement des états financiers qui ne manifeste pas un effet de levier (les revenus des investissements sont supérieurs au coût de l'endettement) ou un résultat net positif.

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Note added at 1 day 9 hrs (2023-11-01 20:29:07 GMT)
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La sortie d'effet de levier est due en grande partie aux taux d'intérêt élevés d'un prêt à haut risque
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Reference comments

1 hr
Reference:

liquidation/unwinding

Note from asker:
'liquidation of leveraged transactions' would work in light of the previous entry.
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