TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PARTICIPATING LOAN [1 record]

Record 1 1998-11-03

English

Subject field(s)
  • Loans
DEF

A loan to an entity where there is more than one lender - a syndicated loan. The bank is arranging this loan - lead bank or manager - obtains agreement from other banks or financial institutions to participate in the loan up to an agreed amount. The lead manager, acting for the lenders negotiates with the borrower the terms of such a loan. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Prêts et emprunts

Spanish

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