Question
A key difference between bilateral versus syndicated loans is: In a syndicated loan, each participating bank has a separate set of terms and conditions depending
A key difference between bilateral versus syndicated loans is:
In a syndicated loan, each participating bank has a separate set of terms and conditions depending on they're allocation of teh loan
In a syndicated loan, any amendments to the common set of terms and conditions requires 50% of participating banks to agree
In a bilateral loan, any changes to terms and conditions must be initiated and approved by teh lender
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
5th Edition
0324305508, 9780324305500
