The Syndicated Loan Market: Structure, Development and Implications

121 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Financial Crises and the Composition of Cross-Border Lending (2014, unknown): “…quality may matter more for syndicated than for bilateral loans because global banks tend to co-lend with local banks so as to benefit from their knowledge of the borrower and market, and institutional quality may capture the availability and the quality of those lenders (Gadanecz, 2004).”
Do Cultural Differences Between Contracting Parties Matter? Evidence from Syndicated Bank Loans (2012, unknown): “…the salient features of different cultures along two dimensions (values): (1) The extent to which a society emphasizes traditional as opposed to secular and rational 6 The syndicated loan market of the 1980s consisted mostly of sovereign loans, especially to developing countries (Gadanecz, 2004).”
Global Waves of Debt: Causes and Consequences (2021, background): “Under a syndicated loan, a group of banks would lend to a single borrower, sharing the associated risk (Gadanecz 2004).”
Bank reputation in the private debt market (2010, background): “Re ﬁ nancing of new facilities also increased in trading volume, totalling approximately US$ 145 billion in 2003, with distressed loans making up a large share of the market (Gadanecz, 2004).”