A back-to-back loan is one in which a subsidiary acquires a loan from the same bank where its parent secured the first loan.

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A back-to-back loan is an arrangement where two companies in different countries borrow each other's currency for a set period of time, often to hedge against currency risk, rather than involving a bank loan to a subsidiary following a parent company's loan.

A Back-To-Back Loan Is One in Which a Subsidiary Acquires