Phrases with «banking syndicate»

A "banking syndicate" refers to a group of banks or financial institutions that work together to provide a large loan or financial assistance to a borrower, usually a company or government. They collaborate to pool their resources and share the risks associated with lending such a substantial amount of money. Full definition

Sentences with «banking syndicate»

  • A few months into construction, in early 2009, a person Nevsun describes as «a European or South African banking syndicate official» visiting Bisha told the company Segen might be using conscripts there. (canadianbusiness.com)
  • Toys «R» Us said it received a commitment for over $ 3 billion in debtor - in - possession financing from lenders including a JPMorgan - led bank syndicate and certain of the company's existing lenders. (fortune.com)
  • There was a particularly difficult member of a 24 - bank syndicate who kept leaving and rejoining the syndicate on a twice - daily basis. (legalweek.com)
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