The phrase "amend the terms of" is correct and usable in written English.
You can use it when discussing changes or modifications to an agreement, contract, or set of conditions.
Example: "The company decided to amend the terms of the contract to better reflect the current market conditions."
Alternatives: "revise the terms of" or "modify the terms of".
It is rare to amend the terms of official debt.
The loan board has since, however, shown a willingness to amend the terms of loan packages.
Step 4: On Sept. 4, Emmis voted its preferred shares to amend the terms of the preferred stock.
A federal board agreed yesterday to amend the terms of $900 million in loan guarantees to US Airways, saving the airline from defaulting on its agreements.
Emmis now had the votes to amend the terms of the preferred shares, which otherwise required two-thirds of the preferred shares.
The British government's decision in February to amend the terms of subordinated debt issued by Bradford & Bingley, a nationalised bank, spooked European markets, for example.
The talks are aimed at amending the terms of a $1.8 billion loan needed to complete the project.
Mr. Trump said he was in talks with bondholders about amending the terms of some or all of the company's $1.6 billion in debt.
Meanwhile, British civil servants have begun exploratory talks with the EU over amending the terms of the public interest test to include continued investment in research and design as grounds on which the government could threaten to block the takeover.
Acclaim Amends Offering Acclaim Entertainment (Nasdaq: AKLM) of Glen Cove said Wednesday that the company had amended the terms of an investment offering it made in October that drew criticism from Nasdaq regulators.
AB InBev has also amended the terms of its share-and-cash alternative to appeal to SABMiller's two biggest shareholders, tobacco firm Altria and Bevco, controlled by Colombia's Santo Domingo family, which together own 40% of SAB.
