Bank borrowing has long been the manner by which corporations and governments borrowed funds for short periods.
Question:
Bank borrowing has long been the manner by which corporations and governments borrowed funds for short periods. What then, is the advantage over bank borrowing for each of the following?
a. Syndicated loans.
b. Euronotes.
c. Euro-Commercial Paper.
d. Euro-Medium-Term notes.
e. International bonds.
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a Syndication allows many different investors to participate in the funding of the loan thereby allowing them to diversify their risk or exposure to t...View the full answer
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Related Book For 
Multinational Business Finance
ISBN: 978-0132743464
13th edition
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
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