Facility agent: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: Linked pages.) |
(No difference)
|
Latest revision as of 19:52, 17 July 2021
Syndicated borrowings - bonds.
A bank which is responsible for the administration (including interest rate fixing) of a syndicated credit or bond issue, and which represents the lenders collectively in any negotiations with the borrower.
Also known as the agent bank.
