Loan Syndications
Sovereign's Loan Syndications Group provides senior debt financing to clients seeking credit facilities in excess of $30 million.
A syndicated loan is any multi-bank lending arrangement that is governed by a single credit agreement.
Advantages
Multiple Banks—provides customers with greater access to capital for strategic growth
Simplified Credit Structure—uses one document with common terms and pricing
Easier Administration—funding, payment, and other operational issues are centralized through the Administrative Agent
Flexibility—a syndicated credit facility can be modified to meet the borrower's changing needs or to reflect changing market conditions
