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Explain what loan syndication is and give reasons why banks use it. Compare loan syndication with underwriting a bond issuance. Are there any similarities? Explain

Explain what loan syndication is and give reasons why banks use it. Compare loan syndication with underwriting a bond issuance. Are there any similarities? Explain

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Loan syndication is a process in which a group of banks or financial institutions collectively provide funds to a borrower typically a large corporation or government entity for a single loan facility ... blur-text-image

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