Best-efforts deal: Difference between revisions
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imported>Doug Williamson m (Moved comma) |
imported>Doug Williamson m (Comma added after loan and syndicate) |
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''Loans''. | ''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. | 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 22:30, 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.
