The Role and Liabilities of the Arranger and the Agent in a Syndicated Loan Agreement in UK Law

2021 ◽  
Author(s):  
Samuel Maireg Biresaw*
Keyword(s):  
2017 ◽  
Vol 160 ◽  
pp. 50-53
Author(s):  
Aurore Burietz ◽  
Kim Oosterlinck ◽  
Ariane Szafarz

2021 ◽  
Vol 2021 (1312) ◽  
pp. 1-64
Author(s):  
Ralf R. Meisenzahl ◽  
◽  
Friederike Niepmann ◽  
Tim Schmidt-Eisenlohr ◽  
◽  
...  

We show that U.S. dollar movements affect syndicated loan terms for U.S. borrowers, even for those without trade exposure. We identify the effect of dollar movements using spread and loan amount adjustments during the syndication process. Using this high-frequency, within loan variation, we find that a one standard deviation increase in the dollar index increases spreads by up to 15 basis points and reduces loan amounts and underpricing by up to 2 percent and 7 basis points, respectively. These effects are concentrated in dollar appreciations. Our results suggest that global factors reflected in the dollar affect U.S. borrowing costs.


2015 ◽  
Vol 06 (12) ◽  
pp. 1297-1308
Author(s):  
Shu Ling Lin ◽  
Wei Peng Chen ◽  
Jun Lu

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