syndicated bank facility — syndicated loan A very large loan made to one borrower by a group of banks headed by one lead manager, which usually takes only a small percentage of the loan itself, syndicating the rest to other banks and financial institutions. The loans are… … Big dictionary of business and management
revolving bank facility — standby revolving credit A loan from a bank or group of banks to a company in which the company has flexibility with regard to the timing and the number of drawdowns and repayments; any loan repaid can be reborrowed subject to fulfilment of the… … Accounting dictionary
revolving bank facility — standby revolving credit A loan from a bank or group of banks to a company in which the company has flexibility with regard to the timing and the number of drawdowns and repayments; any loan repaid can be reborrowed subject to fulfilment of the… … Big dictionary of business and management
bilateral bank facility — A facility provided by a bank to a corporate customer. The agreement is restricted to the two parties, which enables a relationship to develop between the bank and the customer (see relationship banking). Compare: syndicated bank facility … Accounting dictionary
bilateral bank facility — A facility provided by a bank to a corporate customer. The agreement is restricted to the two parties, which enables a relationship to develop between the bank and the customer (see relationship banking). Compare syndicated bank facility … Big dictionary of business and management
syndicated loan — syndicated bank facility … Accounting dictionary
Syndicated loan — A syndicated loan (or syndicated bank facility ) is a large loan in which a group of banks provide funds for a borrower, usually several but without joint liability. There is usually a lead bank or group of banks (the Arranger/s or Agent/s ) that … Wikipedia
Syndicated Loan — A loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower. The borrower could be a corporation, a large project, or a sovereignty (such as a government). The loan may involve fixed amounts … Investment dictionary
syndicated — syndicate syn‧di‧cate 2 [ˈsɪndkeɪt] verb [transitive] 1. FINANCE if a company, especially a bank or insurance company, syndicates a loan, debt etc, it provides the loan, debt etc with a group of other companies: syndicate something to • Some of… … Financial and business terms
syndicated loan — A credit facility granted by more than one bank to a borrower or associated borrowers under the terms of one agreement. Syndication is the process by which one bank sells a portion of its debt to a syndicate of lenders, so reducing its own… … Law dictionary
