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Syndicated Loan |
Also found in: Wikipedia | 0.06 sec. |
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Syndicated Loan A very large loan in which a group of banks work together to provide funds for one borrower. There is usually one lead bank that takes a small percentage of the loan and syndicates the rest to other banks. Notes: Also known as a "syndicated bank facility."Syndicated Loan A large Eurocurrency loan from a group of international banks. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Syndicated Loan