Rating 4.0 out of 5 (1 ratings in Udemy)
What you'll learn- At the end of this course, you will be able to discuss the terms of syndicated bank loans with lending officers of international commercial banks.
- This course will help you to move into financing of larger transactions than what you have handled so far.
- There are three sections in this course. In the first section you will learn the evolution of financial products handled by international commercial banks. After the second section …
Rating 4.0 out of 5 (1 ratings in Udemy)
What you'll learn- At the end of this course, you will be able to discuss the terms of syndicated bank loans with lending officers of international commercial banks.
- This course will help you to move into financing of larger transactions than what you have handled so far.
- There are three sections in this course. In the first section you will learn the evolution of financial products handled by international commercial banks. After the second section you will master the loan procedures and the advantages to the Borrower and the Lending Banks. Finally, after the third section, you understand the structure of the loan agreement. It is important to understand that while there are several participating banks, there is only one single loan document.
DescriptionThis course is an introduction to a transaction in which the Buyer (an industrial Company) acquires a business unit from a Seller which is located in a foreign country. The Buyer agrees to make a cash payment for the acquisition to the Seller at the closing of the transaction. The Buyer obtains the needed amount of money By taking a syndicated bank loan from a group of bänks which act jointly in this transaction in the form of a syndicate.
As a result, the Company making the acquisition can raise a much larger loan from the bank syndicate than what it could obtain from a single bank. On the other hand, the bänks which participate in the syndicate can limit their credit risk to a much smaller amount than what would be the case if a single bank gave the full loan to the Company making the acquisition.
