21. They are also-rans in the huge syndicated loan business, in which banks extend loans to companies and then sell all or part of them to investors. 22. Until now, Italian corporations have typically gone to the syndicated loan market. 23. While Iridium has had trouble in the high yield bond markets in the past, other satellite companies encountered some resistance in the syndicated loan market recently. 24. As against this, Deutsche Bank, according to a banking source, closed its credit department in Thailand, while other banks are now opting for syndicated loans. 25. Banking sources said Swire Pacific executives had made inquiries regarding a syndicated loan. 26. Bank of America is a participant in three of the five largest syndicated loans on the list. 27. Contrary to some published reports, raising syndicated loans or issuing state bonds was not discussed, he said. 28. Daewoo plans to finance the project with syndicated loans from Morocco banks. 29. For the syndicated loan, ADB said it will guarantee principal repayments and interest payments due in the first three years. 30. In the corporate sector, BoM is targeting mid-cap companies and is interested in syndicated loans. |
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