Welcome to this book on syndicated loans.
This book is presented in nine chapters, each of which treats a specific part of the syndicated lending process. The individual chapters cover the following topics:
■ Introduction to syndicated loans
■ Attractions of the syndicated loan market
■ Responsibilities and obligations of syndicated loan participants
■ The major players in the syndicated loans market
■ Structures used in syndicated loans
■ The loan agreement
■ Loan covenants
■ Secondary loan markets
This book aims to explain the background and raison d’être of the syndicated Loan as one of the mechanisms of the capital markets to provide finance to borrowers, the players and mechanics in syndicated ...