Club deal: Difference between revisions
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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. | ||
== See also == | == See also == | ||
* [[Agent bank]] | * [[Agent bank]] | ||
* [[Syndicated loan]] | * [[Syndicated loan]] | ||
[[Category:Bank_Lending]] | |||
Revision as of 08:28, 9 October 2013
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.
