Syndicated Loans
Product Description
Syndicated loan is a form of loan in which two or more lenders jointly provide loans?for one or more borrowers on the same loan terms and conditions with different duties and sign the same loan agreement. Usually, one bank is appointed as?the agency bank to manage the loan business on behalf of the syndicate members.
Product Features
Facility size is typically in excess of USD100 million with tenors in excess of one year, three to five?years for short-term, or seven to ten years for medium-term and 10-20 years for long-term. Syndicated loans can be used for a variety of purposes such as Project Finance, Working Capital, Merger and Acquisition and Structured