# 3ABCDEFGHIJKLMNOPQRSTUVWYZ

Syndicated Loan

A large loan arranged by a group of international banks that form a syndicate, headed by a lead manager. The borrower pays the lead manager a fee whose size depends of the complexity of the loan and the risk involved.

See also: Flex, http://www.lsta.org/, http://www.lcdcomps.com/press/LoanMarketguide.pdf