Syndicated Loan
From Open Risk Manual
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).
Service Domain
Handle the processing of syndicated loans with the bank playing the lead coordination role
