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The Loan Syndicates & Syndication course examines syndicated loan and credit facilities, syndicated relationships, the structuring of syndicates and the syndication process, documentation of the pre- and post-mandate phases of syndication, the fees in loan syndication and loan pricing, the factors that determine the success of a syndication as well as secondary market trading of loans once the syndicate is broken.
Pecunica™ online courseware is used as self-study material on a stand-alone basis or blended with face-to-face instruction, to further and consolidate the learners' understanding of the subject matter.
Contact us for more information on branded courseware for use on its own or blended with face-to-face instruction.
Course Curriculum
Syndicated Facilities | |||
What are bilateral and multilateral lending? | Demo | 00:00:00 | |
What is syndicated lending? | 00:00:00 | ||
What is firm-commitment underwriting? | Demo | 00:00:00 | |
What is a best-efforts arrangement? | 00:00:00 | ||
What is a club deal? | 00:00:00 | ||
Loan Syndicates | |||
When are syndicates established? | 00:00:00 | ||
How are syndicates structured? | 00:00:00 | ||
What is the borrower-arranger relationship? | 00:00:00 | ||
What are the basic arranger-participant relationships? | 00:00:00 | ||
What is moral hazard in syndicated lending? | 00:00:00 | ||
Loan Syndication | |||
How are syndicates structured? | Demo | 00:00:00 | |
What are the key syndicate roles? | 00:00:00 | ||
What is participation syndication? | 00:00:00 | ||
What are lead arrangers? | 00:00:00 | ||
What are the lead arranger functions? | 00:00:00 | ||
What are the syndicate titles? | 00:00:00 | ||
The Syndication Process | |||
How is the lead arranger mandate awarded? | 00:00:00 | ||
What are the mandate bidding strategies? | 00:00:00 | ||
What is primary syndication? | 00:00:00 | ||
What is general syndication? | 00:00:00 | ||
How do lenders join syndications? | 00:00:00 | ||
What is syndication closing? | 00:00:00 | ||
Pre-Syndicate Documents | |||
Finance Term Sheets | 00:00:00 | ||
What is a mandate letter? | 00:00:00 | ||
What is a market flex? | 00:00:00 | ||
When is a market flex exercisable? | 00:00:00 | ||
Template Finance Documentation | 00:00:00 | ||
Post-Mandate Documents | |||
What is a commitment letter? | 00:00:00 | ||
When are commitment letters used? | 00:00:00 | ||
What are confidentiality papers? | 00:00:00 | ||
What is the information memorandum? | 00:00:00 | ||
What is due diligence in loan syndication? | 00:00:00 | ||
Syndication Compensation | |||
What is the syndicate fee structure? | 00:00:00 | ||
What are upfront fees? | 00:00:00 | ||
What is the underwriting spread? | 00:00:00 | ||
What is the fee letter? | 00:00:00 | ||
What are facility commitment fees? | 00:00:00 | ||
What other fees are incurred post-syndication? | 00:00:00 | ||
Syndicated Loan Pricing | |||
What is loan pricing? | 00:00:00 | ||
What is loan underpricing? | 00:00:00 | ||
What are the market flex variations? | 00:00:00 | ||
What is margin? | 00:00:00 | ||
When can interest margin change? | 00:00:00 | ||
What is a spread flex? | 00:00:00 | ||
Successful Syndication | |||
What is syndication strategy? | 00:00:00 | ||
What is the syndication process? | 00:00:00 | ||
When is syndication launched? | 00:00:00 | ||
What is loan subscription? | 00:00:00 | ||
What is allocation? | 00:00:00 | ||
What is successful syndication? | 00:00:00 | ||
Loan Secondary Market | |||
What is loan sales? | 00:00:00 | ||
What are borrower concerns with loan sales? | 00:00:00 | ||
What is loan novation? | 00:00:00 | ||
How are assignment and participation treated? | 00:00:00 | ||
When do loans trade? | 00:00:00 | ||
How are loan trades documented? | 00:00:00 |