<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R7rSItsmfZhibf6F9nn0puD">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R8xoAbLw9cOhM7q4iRXRmXu"/>
  <rdfs:label>Syndicate</rdfs:label>
  <skos:altLabel>Lending Consortium</skos:altLabel>
  <skos:altLabel>Loan Syndicate</skos:altLabel>
  <skos:prefLabel>Club Deal</skos:prefLabel>
  <skos: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.</skos:definition>
</owl:Class>