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Club Deal |
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Club Deal A syndicated loan agreement in which the participants in the syndicate are specifically requested by the borrower. Notes: The borrower normally has the right to know what institutions are participating in the syndicate. Once the borrower requests the participation of specific institutions, the syndicated loan becomes known as a club deal.See also: Syndicate, Syndicated Loan |
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the broker on the River Vale Country Club deal, added, "When you need a financier who can move quickly and understands complex transactions, Palisades Financial is the solution. Deals in which several private equity investors form a partnership, often known as a club deal, often founder because of the difficulty of having so many firms in control of one company. ``This helps lock in the Sam's Club deal,'' said Mayor Jim Ledford. |
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Club Deal