Syndicated Loans Training Course

How to leverage syndicated loans for your business…

…for banks conventional lending business is suffering and competition for clients is fierce.

From a corporate client perspective having alternative funding (and risk management) options is more important than ever.

Imagine this…

• You have a clear understanding of the roles played by different participants
• You fully understand the risks involved in syndicated lending
• You have a clear appreciation for the importance of good documentation
• You now have the skills for loan pricing and basis risk management
• You see the rationale for loan syndication for all participants at different levels
• You have a better understanding of the dynamics of the secondary loan market
• You now have a better way to position lending and risk management solutions for your corporate clients
• You greater understanding of the risks in loan syndication
• You have deeper understanding of full risk pricing versus market pricing
• You can better manage the syndication process from both the perspectives of relationship management and operations

This course gives you all of this and more.

Syndicated Loans Course Syllabus

• Introduction to loan syndication
  • What is a syndicated loan? (see Mod 1, Lesson 1 at 0:58)
  • Syndicated lending market evolution (see Mod 1, Lesson 2)
  • What are the purposes & benefits of Syndicated lending – from the Borrower’s Perspective? (see Mod 1, Lesson 3)
  • What are the purposes & benefits of Syndicated lending – from the Lender’s Perspective? (see Mod 1, Lesson 3 at 2:36)
  • What a Syndicated Lending Transaction Looks Like (see Mod 1, Lesson 4)
  • What the Lender Syndicate Structure Looks Like (see Mod 1, Lesson 4 at 5:24)
  • What Are the Key Issues in Syndicated Lending? (see Mod 1, Lesson 5)
• Key participants in Loan Syndication – roles and responsibilities (see Mod 2)
• Analyzing Borrower Requirements
  • Key Ratios (see Mod 3, Lesson 2)
  • Key Ratios: How to calculate how comfortable the borrower can cover interest payments from its earnings (see Mod 3, Lesson 2 at 2:05)
  • Key Ratios: How to calculate the Gearing (see Mod 3, Lesson 2 at 4:50)
  • Key Ratios: How to calculate the Borrowing to Earnings ratio (see Mod 3, Lesson 2 at 7:50)
  • Key Ratios: How to measure the short-term ability of the borrower to meet its cash flow obligations and liabilities (see Mod 3, Lesson 2 at 10:43)
  • Key Ratios: Other Measures to Consider (see Mod 3, Lesson 2 at 14:00)
  • Capital Structure Analysis (see Mod 3, Lesson 3)
  • Financing Structures to Meet Requirements (see Mod 3, Lesson 3 at 8:13)
• Loan Syndication transaction structure
• Syndicated Loan pricing
• Documentation I: Information Memorandum
• Documentation II:  Term Sheet & Loan Agreement
• Syndicated Lending Deal Types
• Loan Syndication timeline & key milestones
• Glossary: You receive a comprehensive dictionary of terms used in Loan Syndication

What Makes This Course Different?

• Comprehensive: This course covers the full cycle of syndicated lending from origination through syndication and documentation to secondary market trading
• Highlights the risks, including those of omission (e.g. “Cov-Lite” terms) of contemporary syndicated lending markets
• Holistic approach: This course is set in the context of contemporary corporate finance and debt capital markets, including the secondary loan market as well as banks’ regulatory strictures
• Case Studies and use of recent transactions to drive home key points and current dynamics

Download the Course Kit for the Full Details.