Difference between revisions of "Syndicated Loan"

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Latest revision as of 17:15, 15 January 2020

Definition

Syndicated Loan is a type of Loan that in contrast to standard bilateral Lending products it involves two or more lending institutions jointly agreeing to provide a credit facility to a borrower. While loan syndicates have many variations, the basic structure involves a lead manager (the agent bank) that will represent, and operate on behalf of, the lending group (the participating banks).

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