Loan syndication


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Loan syndication

Group of banks sharing a loan. See: Syndicate.

Loan Syndication

A practice in which several banks each lend an amount of money to a borrower at the same time and for the same purpose. The banks participating in the loan syndication cooperate with each other for the duration of the project, even if they are otherwise competitors. Bank syndicates usually only lend large amounts of money that the individual banks could not afford easily. Loan syndication is a temporary arrangement between the banks. See also: Syndicate.
References in periodicals archive ?
The subject matter of the contract is a systematic analysis of the loan syndication market, focusing on 6 EU Member States, and its possible implications for competition policy.
25 April 2012 - China Construction Bank (HKG:0939;SHA:601939), Industrial and Commercial Bank of China (HKG:1398;SHA:601398) and Mizuho Corporate Bank have been among the banks that took part in the HKD3bn (USD387m/EUR292m) loan syndication for Hong Kong-based Kingboard Laminates Ltd (HKG:1888), Bloomberg said on Wednesday, citing a source in the know.
Bankers fear that the absence of European banks from the Gulf's loan syndication market could apply additional pressure on refinancing risks in the region.
Accordingly, the financial innovations of recent years have facilitated investment banks' development of commercial banking expertise through money market and other mutual funds, bridge loans, and loan syndications.
Jean-Michel's exceptional market depth and knowledge of the broadly syndicated US loan market will be a valuable addition to our loan syndication team," said Mr.
The UAE Exchange's successful loan syndication comes at a time when there has been a significant slowdown in the loan syndication business in the Gulf.
Dysenchuk reports to executive vice president Greg McManus, and is responsible for managing the company's various loan syndication offices throughout the U.
Frontera will report to Jeff Ferrell, Managing Director and Head of the Loan Syndication Sales and Trading for the Americas.
With over twenty years of financial markets experience including twelve years in loan syndication, Allocca joins from BNP Paribas (BNPP.
gains from debt capital, equity markets and loan syndication
Previte served as co-head of European Leveraged Finance at Nomura where he was responsible for the firm's loan syndication activities.
Global Banking News-December 14, 2016--National Bank of Abu Dhabi completes loan syndication