A syndicate group of lenders who form to provide what’s usually referred to as a “syndicated loan” to a borrower. Forming a syndicate is advantageous because it spreads the risk among multiple lenders and the borrower (most likely a company, government, or particular project) can carry out a transaction it wouldn’t be able to on its own.
A syndicate group of lenders who form to provide what’s usually referred to as a “syndicated loan” to a borrower. Forming a syndicate is advantageous because it spreads the risk among multiple lenders and the borrower (most likely a company, government, or particular project) can carry out a transaction it wouldn’t be able to on its own.
