note issuance facility
noun [ C ]
ukus( abbreviation NIF) FINANCE, BANKING
an arrangement in which a group of banks agree to find buyers for notes (= agreements to pay a certain amount of money) from a borrower if the borrower is not able to sell them. If the banks cannot find buyers, they agree to buy the notes themselves:
A note issuance facility is a facility provided by banks to companies who wish to raise capital by issuing short-term securities or "notes".