Which one of these statements correctly applies to either a leveraged or an unleveraged syndicated loan? The
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Which one of these statements correctly applies to either a leveraged or an unleveraged syndicated loan?
The loan will always be rated as investment grade. | ||
The loan may not be publicly traded. | ||
The loan arranger is not involved with the actual lending. | ||
Each bank that participates negotiates the terms for its portion of the overall loan. | ||
Each bank has its own loan agreement with the borrowers. |
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