{{More citations|date=June 2025}}
'''Flex language''' or '''market flex language''' is flexibility inserted into a syndicated loan contract that allows the arranging bank to alter the terms of the borrowing in order to attract enough lenders to finance the loan.<ref name="Miller-2008">{{cite book |editor-last=Fabozzi |editor-first=Frank J. |last=Miller |first=Stephen |chapter-url=https://www.google.com/books/edition/Handbook_of_Finance_Financial_Markets_an/7LOD1CmBD-cC?hl=en&gbpv=1&pg=PA326 |chapter=Syndicated Loans |title=Handbook of Finance, Financial Markets and Instruments |publisher=Wiley |page=326 |date=2008 |access-date=25 June 2025 |isbn=978-0470391075}}</ref> These alterations could include increases in the interest rate, changes in covenants, or increases in prepayment penalties. Market flex language was adopted by arrangers following the 1998 Russian financial crisis.<ref name="Miller-2008" />
== References == {{Reflist}}
Category:Loans
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