a syndicated loan*
A syndicated loan is provided to a borrower by a group of loan supplies. The deal is implemented within integrated loan and collateral papers according to Russian or foreign law when a borrower have no need to negotiate some bilateral agreements at once. Terms for all loan suppliers in the syndicate are unified, the borrower communicate with loan suppliers via an agent appointed by them and acted on behalf of them. A loan agreement can be a combination of loan facilities differ by length, currency and interest rate. A syndicated loan can take into account your goals and be as changeable as any bilateral deal.
Interest rates can be fixed or floating depending on varied basic indicators.
Length: the most common length for the market is from 3 to 5 years, but it can be from 1 to 15 years depending from loan purpose and financial business model.
General license for banking operations issued on the 11th August, 2015. Registration No. 1481