Lead arrangers typically invite a number of banks to participate in the syndicate by way of booking the transaction on their balance sheets. However, in practice not all banks take up the invitation to participate. Discuss some of the reasons banks cite for their non-participation in a project finance deal.
Lead arrangers typically invite a number of banks to participate in the syndicate by way of booking the transaction on their balance sheets. However, in practice not all banks take up the invitation to participate. Discuss some of the reasons banks cite for their non-participation in a project finance deal.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Lead arrangers typically invite a number of banks to participate in the syndicate by way of booking the transaction on their
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Step 1: Introduction
In project finance, the syndication process involves a lead arranger (or a group of lead arrangers) inviting other banks to participate in financing a large-scale project. These projects typically require substantial amounts of capital and often carry considerable risks.
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