Syndication


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.

Syndication

The selling of a project finance to a group of prospective participants, the syndicate.

Syndication

The process of finding underwriters to place a new issue. See also: Syndicate.
References in periodicals archive ?
First, the sponsor identifies an asset appropriate for syndication. For tax and marketing reasons, this is normally either a core or value-add building, or a small portfolio of buildings, whether multifamily, retail, office or industrial, fully leased, with a market value of between $10 million and a $50 million.
He will be responsible for the origination, structuring and execution of syndicated loans to corporate clients and will report to Gary Herzog, Head of Loan Syndications for the Americas.
Demand has reached 26,221 million euros, the highest demand for a 30-year Treasury syndication, and the second largest for a European sovereign at that time.
The syndication was fully underwritten by nine Underwriters, including Bank of America Merrill Lynch International Limited (BAML), The Bank of Tokyo-Mitsubishi UFJ, Ltd., Barclays Bank PLC, Deutsche Bank AG, London Branch, Intesa Sanpaolo S.P.A., QFC Branch, Mizuho Bank Ltd.
Ahead of the launch of the syndication, EGA has secured the participation of the Export Development Canada (EDC), one of EGA's key relationship banks.
A relatively simple loan syndication might involve a single (albeit sizeable) revolving line of credit, with borrowings tied to a borrowing base formula (such as receivables or inventory) and lenders sharing interest and fees pro-rata based on their respective commitments.
The syndication, a combination of conventional and Islamic financing structures, was Pacific Controls' second syndication over the past three years; its first club deal was facilitated by NBF in 2012, before the formation of NBF Capital.
Not only is this a maiden syndication for Malabar Gold & Diamonds, it also involves a common structure with multiple borrowing entities based in Singapore, Qatar, Oman and UAE to ensure the maximum operational and cost efficiency.
Donny Walker, Senior Director, Country Radio Syndication for Westwood One said: "Misti is a great addition to the Country syndication team.
Before the company built the Toyota Digital Dealer Solution on SimpleFeed's Social Syndication Hub, employees tasked with maintaining their dealership's social media presence primarily sourced material directly from Toyota's general RSS feed.
More and more lenders today are choosing to share part of their loans with networks of finance providers in what's known as a syndication. [America has around 197,000 medium-sized firms, defined as those with annual revenues between $10 million and $1 billion, according to data from the National Center for the Middle Market at the Ohio State University.]
Muscat : Achieving yet another milestone in continued growth of the industrial sector in the Sultanate, Bank Sohar has announced the launch of a debt syndication facility for the greenfield steel project by Moon Iron & Steel Company (Misco), being set up at the Sohar Industrial Estate.