What is a syndicated loan?
A syndicated loan is a form of lending in which__:
[A]a group of lenders collectively extend a loan to a single borrower
[B]a lender extend a loan to group of borrowers
[C]a loan made by a single lender to a single borrower
[D]a group of lenders collectively extend a loan to group of borrowers
a group of lenders collectively extend a loan to a single borrower
Syndicated lending is a form of lending in which a group of lenders collectively extend a loan to a single borrower. The group of lenders is called a syndicate. The loan is called a syndicated loan.
