note issuance facility
noun[C]
ukus(abbreviationNIF)FINANCE,BANKING
anarrangementin which agroupofbanksagreetofindbuyersfornotes(=agreementstopayacertainamountofmoney)from aborrowerif theborroweris notabletosellthem. If thebankscannotfindbuyers, theyagreetobuythenotesthemselves:
Anoteissuancefacilityis afacilityprovidedbybankstocompanieswhowishtoraisecapitalbyissuingshort-termsecurities or "notes".