highly confident letter การใช้

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1. The highly confident letter had no legal status.
2. For this reason, " highly confident letters " were considered to reliably demonstrate capacity to pay.
3. Its specialty was the " highly confident letter ", in which it promised it could get the necessary financing for a hostile takeover.
4. The highly confident letter was used on several more occasions over the years, and given Drexel's reputation it was considered as good as cash for corporate raiders in the 1980s.
5. Although it had no legal status, Drexel's reputation for making markets for any bonds it underwrote was such that a " highly confident letter " was as good as cash to many of the corporate raiders of the 1980s.

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