Best-efforts deal: Difference between revisions
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imported>Doug Williamson m (Comma added after loan and syndicate) |
imported>Doug Williamson m (Category added - 13/11/13) |
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* [[Underwritten deal]] | * [[Underwritten deal]] | ||
* [[Club deal]] | * [[Club deal]] | ||
[[Category:Long_term_funding]] | |||
Revision as of 09:22, 13 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.
