Club deal: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson m (Category added 9/10/13) |
||
Line 13: | Line 13: | ||
* [[Syndicated loan]] | * [[Syndicated loan]] | ||
[[Category: | [[Category:Long_term_funding]] | ||
[[Category:Corporate_finance]] |
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.