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
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 full answer
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