Identification
- Label (rdfs)
- Syndicate
- Preferred Label
- Club Deal
- Alternative Labels
- Lending Consortium, Loan Syndicate
- Identifier
- N/A
Definition and Examples
- 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.