FBNQuest Trustees offers syndicated loan arrangements including; structuring, underwriting and agency services that are favourable for all parties involved.
A syndicated loan is provided by a group of lenders (referred to as a syndicate) that collaborate to give cash to a single borrower. Each lender is required to offer a specific percentage of the loan and to collect a similar amount of repayments in addition to interest payments.
Typically, a lead bank or underwriter of the loan, known as the ‘arranger,’ is in charge of structuring the loan arrangement. This lender may contribute a larger amount of the loan or execute activities such as distributing cash flows among syndicate members and doing administrative responsibilities. A syndicated loan deal often includes the following parties: