Tuesday, June 27, 2017

What are the Participants in Loan Syndication ?



Answer:

01.  Lead Arranger: Responsible for placing the syndicated loan with other banks & ensuring that the syndication is fully subscribed.

02.  Agent: Take care of the administrative arrangement, i.e., repayment, compliance etc.

03.  Participating Bank: Those banks who participates to give the principle amount

04.  Underwriting Bank: Commits to supplying the funds to the borrower, underwriter & agent takes fees for their performance.

 

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