Question
Which one of these statements correctly applies to either a leveraged or an unleveraged syndicated loan? The loan will always be rated as investment grade.
Which one of these statements correctly applies to either a leveraged or an unleveraged syndicated loan?
The loan will always be rated as investment grade.
The loan may not be publicly traded.
Each bank that participates negotiates the terms for its portion of the overall loan.
Each bank has its own loan agreement with the borrowers.
The loan arranger is not involved with the actual lending.
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
