LOAN SYNDICATION

First stage in the syndication workflow?

• Syndication launch

• Kick off

• Mandate confirmation

• Close of Syndication

T/F: An Escrow Agent is responsible for administering all escrow accounts?

• True

• False

Which title has the highest amount, influence, and fee?

• Lead Arranger

• Mandated Lead Arranger

• Mandated Lead Arranger and Bookrunner

• Arranger

What are the two types of Mandate?

• Arranger and Borrower

• Lead Arranger and Bookrunner

• Underwritten and Best Effort

• Escrow and Security

Process of encouraging a bank to participate in the secondary instead of the primary is which condition?

• Market flex

• Front Running

• Clear Market

• Right of First Refusal

T/F: Market Flex is commonly found in the Fee Letter

• True

• False

ROFR stands for?

• Role of First Refusal

• Right of First Retake

• Refusal of First Right

• Right of First Refusal

Clear Market is commonly found in the Mandate Letter

• True

• False

A comprehensive document explaining the business overview is called?

• Mandate Letter

• Information Memorandum

• Non-Disclosure Agreement

• Commitment Letter

Which is not a type of Syndicated Loan?

• Club style self arranged

• Bilateral loan

• Underwriting & Syndication

• Club style syndication