Syndicated Lending; Practice and Documentation

The fifth edition of this Euromoney best seller 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 and includes an up-to-date discussion of documentary issues (contributed by Clifford Chance) using annotated documents. This book allows you to benefit from decades of combined syndicated lending expertise. The book is a complete guide, taking 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. Stay up to date with the changes in the syndication market. This new edition includes the following: -Structural analysis and recent developments in the syndicated credit markets -Structure, content and cost analysis of offers to arrange syndicated transactions -The transaction cycle for a syndicated credit -The documentation process -Secondary market transfer mechanism -Defaults, enforcements and workouts -Corporate acquisition case study -Discussion of the impact of Basel II -Review of Loan Market Association activities