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A Confidential Information Memorandum is put together by a lead bank for a corporate credit facility when they wish to invite other banks to participate in the facility. Typically these memorandums tell you about the company seeking credit, why they want the credit, what it will be used for and how they intend on paying the money back. One thing needs to be kept in mind when reading one of these documents, and that is that the lead bank has put it together and they will describe the company/deal in its best possible light as they want other banks to buy. Banks often look for suiters for a credit facility that they don't want to assume all the risk on. Part of the information they organize is the Corporate Information Memorandum. For example Company A wants $100 million and Bank A likes the company/owners/business etc and feels they could service $100 million. Bank A doesn't want to be the sole lender of the $100 million so they look for other banks to lend a portion say $40 million leaving Bank A's exposure at $60 million.

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Q: What is a Confidential Information Memorandum?
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Related questions

What does CIM mean in investment banking?

A CIM is a confidential information memorandum is a document that investment banks prepare with companies in a sell-side M&A process.

What is a blocked memorandum?

A blocked memorandum is a restricted or confidential communication within a company or organization that is not meant to be shared beyond specific recipients or departments. It usually contains sensitive information or instructions that require the recipient to take certain actions while maintaining confidentiality.

How do you write an information memorandum?

It is very easy to write an information memorandum. The document will contain records and notes that are for future use. You should include all the essential agreements in the information memorandum.

How can you keep confidential information safe?

How do you keep information on families and children confidential

Characteristics of memorandum?

A memorandum needs to have information on who wrote it, who it is regarding, and what it is concerning. It may also contain other newsworthy items.

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What is included in memorandum?

In a memorandum, always include the date, the name of the person(s) it's from, the name(s) of the person(s) it sent to, a subject line is helpful, and the information that you wish to convey. In business, a memorandum (and a letter), in addition to exchanging information is a record of that exchange and should contain all the information needed for a third party to identify that information.

When is it appropriate to share confidential information?

Under normal circumstances you would not share confidential information, but exceptions can be made if human life is at stake (for example, if you have received confidential information that someone intends to commit a murder) or if ordered by a judge to divulge the information.

How should a memorandum always present information?

A memorandum should always present information that the recipient understands and is familiar with. It should also only address one topic and it should be short.

Can confidential information be released to an attorney?

It depends on the confidential information. If it is medical information, that is when HIPPA gets involved and without your written consent, can not be shared.Another View: If the attorney is armed with a court order, almost any confidential information dealing with their client can be accessed.

How do you deal with confidential information?

Confidential by its nature means only a few people are privy to the information, or certain people aren't authorized to gain access to specific information. Confidential information is handled by sharing it with need to know people/personnel only. Providing confidential information to other than those that need to know could cause harm or worse. In other words, confidential information is sensitive, and should be handled with lots of silence stirred-in.

What are the comparison between memorandum and business letter?

A business letter and a memorandum (memo) both convey information related to business. A business letter and a memorandum both document the information conveyed, including the names (and or titles) of the sender and receiver and the date of that information. A business letter is information conveyed to or from someone outside of the company or organization. A business letter is sometimes a more formal way to relate business information. A memorandum is information conveyed within a company or organization. A memorandum does not require the mailing addresses of the sender or receiver. Today it is very common to use email in place of a letter or a memo to convey business information. The mailing address of a letter is replaced by email address information. The date is automatically documented.