Arranger: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Linked pages.) |
imported>Doug Williamson (Mend link.) |
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==Other resource== | ==Other resource== | ||
* [https://www.treasurers.org | * [https://www.treasurers.org/best-practice/borrowers-guide-LMA-investment-grade-agreements The ACT Borrower’s Guide to the LMA’s Investment Grade Agreements - 2022 - p378-379] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 16:40, 25 November 2022
1. Borrowing and lending - syndicated lending.
A bank that organises a lending syndicate.
- Borrowers' rights to prepay
- "Borrowers will note that there is no general right to prepay a defaulting lender...
- However, some borrowers may want the flexibility to prepay rather than have the defaulting lender remain in the syndicate with voting rights which it may or may not exercise.
- This is a point for borrowers to discuss with their arrangers."
- The ACT Borrower’s Guide to the LMA’s Investment Grade Agreements - 6th edition - 2022 - p379.
2.
Any other intermediary that organises a financial transaction.
See also
- Arrangement fee
- Default
- Defaulting lender
- Documentation
- Event of default
- Finance party default
- Intermediary
- Investment Grade Agreements
- Lehman provisions
- Loan agreement
- Loan Market Association (LMA)
- Prepayment
- Syndicate
- Transaction
