The balance of the Purchase Price shall be paid at or before Closing.
购买价余额应在完成交易日或完成交易日之前付清。
In other words, the bank finances or guarantees the balance of the purchase price.
换言之,开证行为货款的余额通融资金和提供担保。
In a typical deal a private equity shop would borrow about 70% of the purchase price (those loans go on the acquired company's balance sheet, often doubling or tripling its debt load).
在典型私募收购交易中,私募股权公司将贷入或筹借约占收购总额的70%的资金,而这些贷款会将以其2倍或3倍的价格体现在所购公司的资产负债表中。
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