Bank Lending - Part 1

Bank Lending - Part 1

Overview

The syndicated loan market in its current form was originally developed in the US in the 1980s as a means of financing leveraged buyouts (LBOs). Since then, the global syndicated lending market has since grown significantly, rising to USD 4.5 trillion in 2007. For lenders, syndicating a loan agreement splits the lending risk among a number of participants. It also allows for a diversification of the lending portfolio from both a geographical and sectoral point of view. For borrowers, syndicated loans are an efficient way to raise larger amounts of capital and extend their banking relationships.

This tutorial looks at the fundamentals of syndicated lending, including the syndication process, players involved, fees, and the history of the syndicated lending market.

Objective

On completion of this tutorial, you will be able to:
- Understand the basic principles of syndicated lending
- Outline the syndication process and the players involved
- Describe the secondary market for syndicated loans

Content

Topic 1: What is Syndicated Lending?
Topic 2: The Syndicated Lending Process
Topic 3: The Secondary Market for Syndicated Loans

Details

Code
TEPBS17000101
Venue
ePlatform
Language
English
Level
Introductory
Hours
SFC:1.0, PWMA:1.0
Fees
All Member: HK$260
Non-Member: HK$370
Staff of Corporate Member: HK$260