Syndicated Loan
/ˈsɪndɪkeɪtɪd loʊn/
Definitions
- (n.) A loan granted by a group of lenders—called a syndicate—who share the risk and administration, commonly used in large-scale financing.
The company secured a syndicated loan to fund its international expansion.
Forms
- syndicated loans
Related terms
Commentary
Often negotiated through a lead arranger or agent bank to streamline documentation and management among lenders.
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