The "Highly Confident Letter" was a financing tool created by investment bankers at Drexel Burnham Lambert, dominated by Michael Milken, in the 1980s.
HIGHLY CONFIDENT LETTER - A letter from an investment bank indicating that it is highly confident that ...
HIGHLY LEVERAGED TRANSACTION - a bank loan to a highly leveraged firm
HIGHLY LEVERAGED TRANSACTION (HLT) - Bank loan to a highly leveraged firm.
Highly confident letter
An investment banking firm's letter indicating that the firm is highly confident it will be able to arrange financing for a securities deal.
Highly leveraged transaction (HLT) ...
highly confident letter A letter from an investment bank indicating that it is very likely that it will... highs Refers to stocks that have reached new 52-week high prices in the current or most recent trading session. opposite of lows.
Japanese term for a takeover.
Highly confident letter
An investment banking firm's letter indicating that the firm is highly confident it will be able to arrange financing for a securities deal.
Highly leveraged transaction (HLT) ...
 See also: Hurdle rate, Tender Offer, Hostile takeover, Horizontal acquisition, Horizontal spread
  
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