# Syndicate

**IRI:** https://folio.openlegalstandard.org/R7rSItsmfZhibf6F9nn0puD

## Labels

**Preferred Label:** Club Deal

**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.

## Sub Class Of

- https://folio.openlegalstandard.org/R8xoAbLw9cOhM7q4iRXRmXu

**Deprecated:** False