Definition of Syndicated loan - Finance dictionary
Syndicated loan((See Chapters 26 and 30 of the Vernimmen))
A syndicated loan is a relatively large loan to a single borrower structured by a lead manager (or managers) and the borrower. Funds are provided by a group of banks, rather than by a single lender.
Syndicated loan((See Chapters 26 and 30 of the Vernimmen))
A syndicated loan is a relatively large loan to a single borrower structured by a lead manager (or managers) and the borrower. Funds are provided by a group of banks, rather than by a single lender.
Syndicated loan((See Chapters 26 and 30 of the Vernimmen))
A syndicated loan is a relatively large loan to a single borrower structured by a lead manager (or managers) and the borrower. Funds are provided by a group of banks, rather than by a single lender.