INTEREST RATE CORRIDORS
Combine two caps with interest rate corridors.
Interest rate corridors make your company a buyer and a seller. You purchase an interest rate cap with a low “strike” rate, and sell a cap with a higher strike. The premium you earn on the second cap helps offset the premium paid for the first cap.
Associated Bank can help you capture interest rate corridor advantages:
Pay a lower premium than with other interest rate derivatives.
Protect against rates that rise above the first cap’s strike.
Tailor terms to your financing strategy.
Take advantage of innovative interest rate derivatives through Associated Bank.
Call 866-524-8836
Capital Markets Desk,
available Monday - Friday 7:30 a.m. – 4:00 p.m. CST
*0109_14643
