Best-efforts deal: Difference between revisions
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imported>Doug Williamson (Create the page. Source: LMA Guide to Syndicated Loans and Leveraged Finance transactions Oct 2013 page 5.) |
imported>Doug Williamson m (Moved comma) |
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''Loans''. | ''Loans''. | ||
A syndicated loan in which the arrangers commit to only part of the total amount required | A syndicated loan in which the arrangers commit to only part of the total amount required and undertake to do their best to find other lenders to join the [[syndicate]], for the remainder of the total amount required by the borrower. | ||
Revision as of 22:04, 11 November 2013
Loans.
A syndicated loan in which the arrangers commit to only part of the total amount required and undertake to do their best to find other lenders to join the syndicate, for the remainder of the total amount required by the borrower.
