Which of the following does NOT describe Syndicated Loans?

The loan may involve fixed amounts, a credit line, or a combination of the two.

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Interest rates can be fixed for the term of the loan or floating based on a benchmark rate.

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The main goal of syndicated lending is to spread the risk of a borrower default across multiple lenders (such as banks) or institutional investors like pensions funds.

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Syndicated loans can also be used in the leveraged buyout community to fund large corporate acquisitions with primarily debt funding.

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None of these

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Solution

The correct option is E None of these
A syndicated loan is a loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower. The borrower could be a corporation, a large project, or a sovereignty (such as a government).

Suggest Corrections

Which of the following does NOT describe Syndicated Loans?

The correct option is E None of theseA syndicated loan is a loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower. The borrower could be a corporation, a large project, or a sovereignty (such as a government).

The correct option is E None of these
A syndicated loan is a loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower. The borrower could be a corporation, a large project, or a sovereignty (such as a government).