January 01, 2003

An Agent's Liability to Co-Lenders in Syndicated Loan Transactions (2003, 17:01)

An Agent’s Liability to Co-Lenders in Syndicated Loan Transactions

Probate and Property, January/February 2003, Volume 17, Number 1

By Charles L. Menges

An institutional lender generally has two choices for bringing other lenders into a loan transaction. The originating lender may sell participation interests in the loan to other financial institutions pursuant to a participation agreement.  

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