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.

Provision Of Eu Loan Syndication And Its Impact On Competition In Credit Markets

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.

-CCB, ICBC, Mizuho join Kingboard's loan syndication deal

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.

Gulf faces rising refinancing risks over next three years

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.

Statement to the Congress

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.

Credit Agricole CIB Announces Appointments of Two Directors in Its New York-Based Loan Syndication Group

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.

UAE Exchange raises $125mEoACA?via syndication

Dysenchuk reports to executive vice president Greg McManus, and is responsible for managing the company's various loan syndication offices throughout the U.

Capmark Finance Inc

Frontera will report to Jeff Ferrell, Managing Director and Head of the Loan Syndication Sales and Trading for the Americas.

Credit Agricole CIB Appoints Jaime Frontera, 15-Year Industry Veteran, Managing Director in Loan Syndications Group Focused on Latin America

With over twenty years of financial markets experience including twelve years in loan syndication, Allocca joins from BNP Paribas (BNPP.

-LLoyds TSB Corporate Markets names head of loan syndications

gains from debt capital, equity markets and loan syndication

Investment bank fees surge ?in first half despite slowdown

Previte served as co-head of European Leveraged Finance at Nomura where he was responsible for the firm's loan syndication activities.

Cantor Fitzgerald Continues European Expansion with Key Hires

Global Banking News-December 14, 2016--National Bank of Abu Dhabi completes loan syndication