No more time-consuming negotiations with multiple banks
If the volume of debt financing required to fund your growth or to refinance your existing credit lines exceeds the financing capability or willingness of a single bank, a syndicated loan is worth considering. Loans of this kind are arranged and frequently underwritten by one or more banks. The mandated lead arrangers finance part of the loan and syndicate the rest to other financial institutions. The loan is based on a single, common agreement stipulating the terms and conditions for all lenders.
The structure of the syndicated loan is tailored to your specific needs and can include a variety of credit facilities (term, revolving or swingline loans). With a syndicated loan, your company benefits from a single set of documents and a single point of contact.
The Loan Syndication specialists at BNP Paribas Fortis help you to decide on details like structure, tenor and amount; choose between hard underwriting and best efforts; and tap a large, deep and liquid market.