FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7rSItsmfZhibf6F9nn0puD
Label Syndicate
Preferred Label Club Deal
Identifier N/A
Alternative Labels
Lending Consortium Loan Syndicate

Definition

A Syndicate refers to a group of individuals or organizations that come together for a common purpose, often to pool resources, share risks, and achieve a collective goal in various industries. In a financial transactions, a syndicate refers to a group of financial institutions or investors that come together to collectively finance a large loan or underwrite a security issuance, spreading the risk among all participants. In the context of a syndicated loan, the syndicate includes multiple lenders who each contribute a portion of the loan amount, with one or more lead banks coordinating the transaction.

Class Relationships

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

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Additional Information

Metadata

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Editorial Information

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Deprecated

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Source and Origin

No source or origin information available