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Most large (greater than about $50 million) international bank loans are syndicated

Finance Nov 27, 2020

Most large (greater than about $50 million) international bank loans are syndicated. This means Select one: O several big banks participate in funding the loan. several banks participate in funding the loan, which is packaged by one or more lead banks. two big banks participate in funding the loan. the IMF fund the loan. Clear my choice

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ANSWER

B.several banks participate in funding the loan which is packaged by one or more lead banks

In cases of syndicated loans, there is typically a lead bank or underwriter, known as the arranger, the agent, or the lead lender. The lead bank may put up a proportionally bigger share of the loan, or it may perform duties such as dispersing cash flows among the other syndicate members and administrative tasks.

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