CHAPTER 7 Special Topics in Credit: Syndicated Loans, Loan Sales, and Project Finance
“The apparently private and technical theme of corporate financing leads us step by step to the heart of major problems of national policy … We are dealing here with serious and far-reaching matters which deserve our undivided attention.”
Hans J. Mast, Crédit Suisse
Glossary of Terms
Syndicated Loan: A loan in which multiple lenders participate.
Project Finance: Financing provided for large projects that are separately incorporated from the sponsoring firm.
Introduction
In the previous two chapters we examined a variety of issues related to bank lending. There are, however, three important topics that we did not cover. These are syndicated lending, loan ...
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