Club deal: Difference between revisions
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1. | 1. ''Loans''. | ||
''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. | 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. | ||
Revision as of 19:28, 20 September 2019
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.
