Syndicated Loan

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Syndicated Loan

A large Eurocurrency loan from a group of international banks.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Syndicated Loan

A loan made by many lenders to a single borrower. Syndicated loans are made in large amounts that would be too big for one lender to handle. In many ways, a syndicated loan operates like an ordinary loan; there is an interest rate (fixed or floating) and a time until repayment is due. It may be a direct loan or a revolving line of credit or a combination of the two. However, syndicated loans are usually made on a best effort basis, meaning that if the lenders are unable to find enough capital or additional lenders to cover the amount requested, the amount borrowed will be less than anticipated. They are common in leveraged buyouts.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

syndicated loan

a LOAN which is provided by a number of financial institutions on a collective basis, each subscribing a specified amount of money. Syndicated loans are usually put together by a ‘lead’ organization, for example, a commercial bank.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
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Syndicated lending fees accounted for 24.9 per cent while the share of completed M&A advisory fees raised to the highest YTD level on record, accounting for 41.1 per cent of the market.
Syndicated lending fees accounted for 24.9% while the share of completed M&A advisory fees raised to the highest YTD level on record, accounting for 41.1% of the market.
The bank's offices will facilitate deals in syndicated lending, specialised, project and trade finance.
Syndicated lending fees accounted for 48 per cent while the share of completed M&A advisory fees fell to its lowest level on record, only accounting for 15 per cent of the market.
Syndicated lending fees accounted for 48%while the share of completed M&A advisory fees fell to its lowest level on record, only accounting for 15% of the market.
Syndicated lending fees accounted for 46%, while the share of completed M&A advisory fees fell to its lowest level, only accounting for 13% of the market.
In the case of syndicated lending, which is the largest private bank debt market in the world (US$4 trillion in 2016), financial institutions often rely on a lead bank's informedness in making lending decisions (Ross, 2010) because of their pivotal role in the transaction.
The firm said that the tool would be made available for firms operating in the syndicated lending market.
Syndicated lending fees reached a record high of $156.6 million, up 87 per cent from first quarter of 2017.
Syndicated lending fees reached a record high of US$156.6 million, up 87% from Q1 2017.
Sochi: The Bank for Development and Foreign Economic Affairs (Vnesheconombank) and the EDB signed a cooperation agreement in the framework of VEB's project finance factory - a mechanism for financing investment projects that involve syndicated lending.