Club deal: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13) |
imported>Doug Williamson (Layout.) |
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1. ''Loans''. | 1. | ||
''Loans''. | |||
A syndicated loan in which the (initial) members of the syndicate are each requested by the borrower. In such cases there is an agent bank but not necessarily an arranging (or managing) bank although larger lenders may be allocated such a title in order to justify additional fees. | A syndicated loan in which the (initial) members of the syndicate are each requested by the borrower. In such cases there is an agent bank but not necessarily an arranging (or managing) bank although larger lenders may be allocated such a title in order to justify additional fees. | ||
2. ''Private equity''. | 2. | ||
''Private equity''. | |||
A transaction in which a number of private equity firms jointly undertake a buyout larger than any of them would wish to undertake alone. | A transaction in which a number of private equity firms jointly undertake a buyout larger than any of them would wish to undertake alone. | ||
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* [[Syndicated loan]] | * [[Syndicated loan]] | ||
[[Category:Corporate_finance]] | |||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
Revision as of 11:07, 11 May 2016
1.
Loans.
A syndicated loan in which the (initial) members of the syndicate are each requested by the borrower. In such cases there is an agent bank but not necessarily an arranging (or managing) bank although larger lenders may be allocated such a title in order to justify additional fees.
2.
Private equity.
A transaction in which a number of private equity firms jointly undertake a buyout larger than any of them would wish to undertake alone.
