Best-efforts deal

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Revision as of 17:05, 8 November 2013 by imported>Doug Williamson (Create the page. Source: LMA Guide to Syndicated Loans and Leveraged Finance transactions Oct 2013 page 5.)
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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.


See also

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