Printer Friendly
The Free Library
14,380,416 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Syndicated Lending, 4th Edition Includes A Comprehensive Glossary and Regulatory Guidance Making It the Essential Companion for Any Syndicated Lending Practitioner.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c2890) has announced the addition of Syndicated Lending, 4th edition to their offering.

The new edition has been fully updated and revised to take account of all the changes in the rapidly evolving market for syndicated credits. The book provides practical explanations by borrowers and bankers of how to arrange, lead and manage a syndicated loan Syndicated Loan

A very large loan in which a group of banks work together to provide funds for one borrower. There is usually one lead bank that takes a small percentage of the loan and syndicates the rest to other banks.

Notes:
Also known as a "syndicated bank facility.
 and includes an up-to-date discussion of documentary issues (contributed by Clifford Chance Clifford Chance LLP is the largest law firm in the world, both by number of lawyers and revenue, and a component of the UK's "Magic Circle" of leading law firms. In recent years, it has universally come to be accepted as the world's leading global law firm. ).

Edited by Tony Rhodes (former-Global Head of Loan Syndication Loan Syndication

The process of involving numerous different lenders in providing various portions of a loan.

Notes:
Mainly used in extremely large loan situations, syndication allows any one lender to provide a large loan while maintaining a more prudent and manageable
, HSBC HSBC Hongkong and Shanghai Banking Corporation
HSBC Humane Society of Broward County (Florida)
HSBC Humane Society of Bay County (Bay County, Michigan) 
) and written by him in association with several other leading practitioners, this book allows you to benefit from decades of combined syndicated lending expertise. The book takes the reader through the various stages of syndicated lending from the opening phase of seeking a mandate through to syndicating, documenting and the closing of a transaction.

This book is designed for:

- Syndication and Syndicated Loan practitioners in Banks

- Credit / Bond /Corporate Finance practitioners

- Risk Management in Banks and Financial Institutions

- In-house Counsel in Banks and Financial Institutions

- CFOs in Corporates

- M&A professionals in banks, law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 and consultancies

This book shows the reader how to:

- Document a syndicated loan

- Arrange, lead and manage a syndicated transaction

- Follow the steps for restructuring transactions involving syndicates

- Assess the factors to be considered when deciding to bid alone or in a group

- Explain revolving credit Revolving Credit

A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customers current cash flow needs.
 facilities and amortising terms loans

- Know the secondary market transfer mechanisms

- Predict future trends in the syndication market

- Understand the historical background and recent developments in the market

- Broaden your understanding of the structure, contents and cost analysis of offers to arrange syndicated transactions, including the borrower's perspective, the trend of convergence, acquisition finance, loan ratings and portfolio management

- Examine the documentation process including extensive commentaries on key documentation

- Gain insight into the defaults, enforcement and work-outs (including the restructuring process in relation to sovereign debt and corporate borrowers)

The fourth edition features contributions from:

- HSBC Bank

- Clifford Chance

- Loan Market Association

- Barclays Capital Barclays Capital is the investment banking division of Barclays plc. It is a primary dealer in U.S. Treasury securities and various European Government bonds.

Barclays Capital is led by CEO Robert (Bob) Diamond, an American who had been vice-chairman of Credit Suisse First
 

- Carphone Warehouse Group

- European Bank for Reconstruction and Development European Bank for Reconstruction and Development

Bank targeted at Eastern Europe and the former Soviet Union.
 

- Loan Pricing Group

- Royal Bank of Scotland
This article deals with the retail bank. "Royal Bank of Scotland" can also refer to its holding company: Royal Bank of Scotland Group."


The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba
 

- Standard & Poor's

- Unisys

What the industry said about the third edition:

"The best introduction to syndicated loans available. When anyone joins our team I ensure they read this book before they do anything else." - Ronald de Leeuw, Global Head of Loan Syndication, ABN AMRO Bank

"Mandatory reading for all our organisation offices and for anyone joining our Syndications and New Issues Group. This is a book which does not sit gathering dust on the shelf." - Peter Kennedy, Head of Origination, Syndications & New Issues - Standard Bank London Ltd.

The seven detailed chapters discuss:

- revolving credit facilities and amortising term loans

- an assessment of the factors to be considered when deciding to bid alone or in a group

- documenting a syndicated loan

- secondary market transfer mechanisms

- steps for restructuring transactions involving syndicates

- a view of the future of the syndication market

Includes a comprehensive glossary and regulatory guidance making it the essential companion for any syndicated lending practitioner.

Tony Rhodes is currently working as an independent consultant. He recently left HSBC where he held the dual positions of Managing Director, Debt Finance & Advisory, and Head of the Direction des Financements et Montages in CCF CCF
abbr.
Cooperative Commonwealth Federation of Canada
, having held the position of Global Head of Syndicated Finance from 1998 when he joined HSBC. Before this, Tony worked at CSFB CSFB Credit Suisse First Boston
CSFB Cyclically Shifted Filter Bank
 for nearly three years where he was responsible for primary and secondary loan syndication in Europe, the Middle East and Africa Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations into the , having previously spent 15 years in a variety of positions in debt capital markets at Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
 International Limited (BAIL).

Tony started his career in the project finance unit of Shell International Petroleum Company, being based first in London, then in Paris. This was followed by a Parisbased consultancy position after which he moved to Liverpool, England, to join the Treasury Department at Ocean Transport & Trading Limited. His final position prior to joining BAIL was in the project finance unit at Lloyds Bank International Limited.

For more information visit http://www.researchandmarkets.com/reports/c2890
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 4, 2007
Words:680
Previous Article:BJ's Wholesale Club Reports December Sales Results; Announces Restructuring Plans and Other Charges; Revises Earnings Guidance for the Fourth Quarter...
Next Article:Expanded Role for Cytogen's PROSTASCINT(R) Incorporated Into NCCN(R) Clinical Practice Guidelines.



Related Articles
Standards for Agency Management and Service Delivery, rev ed.
Library Speak: A Handbook of Terms in Librarianship and Information Management.
now available.(guides)
ISSUANCE OF GUIDANCE ON SUPERVISION OF SUBPRIME LENDING.(Brief Article)
Taking stock of corporate troubles: Loan quality dips among big banks, small lenders ok.(banks in California)(Statistical Data Included)
Recent developments in business lending by commercial banks.
'Ultimate Guide' now available.(Residential: marketing & brokerage)(Bellmarc Realty Inc.'s The Ultimate Guide to Buying and Selling Coops and Condos...
Defense Acquisition Regulations System Directorate launches online resource for AT & L workforce.
Patent Pending in 24 Hours, 4th Edition.
Washington Mutual, Inc.(WHO'S NEWS)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles