Loan Syndication: Executing a Successful Transaction

Finance & Investment

Next Intake: 10 Feb 2025 (Mon)

Intermediate
SkillsFuture
Short Courses

This module is conducted in-person.

Next course starts on

10 Feb 2025 (Mon) See Full Schedule

Fee

SGD2,180* (as low as SGD254 after maximum funding) Learn More

Duration

2 days
Weekdays (9am - 5pm)

Level

Intermediate

Who Should Attend

Corporate banking professionals such as relationship managers, credit analysts, product specialists
Staff (from corporates) involved in dealing with banks for financing
Individuals seeking to learn how to arrange, lead, manage or participate in syndicated loans

Overview

Discover how syndicated loans can be a powerful tool to secure substantial funding for large financial requirements. Learn how successful syndicated loan deals are structured, negotiate with various parties, and maximise the chances of securing the funding required to achieve the company’s goals.

This comprehensive program equips participants with the knowledge and skills to navigate the intricacies of syndicated loan transactions.

Learning Objectives

Understand the fundamentals of syndicated loans and how they can benefit the company.
Evaluate pricing considerations and factors influencing loan costs.
Understand the roles of banks and various types of commitments in syndicated loans
Prepare pre-mandate documents and assess borrower costs.
Recognize the potential risks of defaulting lenders, impaired agents, credit risk, market risk, and reputation risk.
Balance the needs of borrowers and lenders in syndicated loan transactions.
Execute activities in the pre-mandate and post-mandate phases.
Learn how to effectively manage the book-running process.
Conduct a successful loan signing ceremony to finalize the deal

Topic/Structure

Introduction

Capital adequacy requirements and its impact on the bank’s lending business
Relationship between project finance & syndicated loan
Syndicated loan vs club loan
Strength of the syndicated loan market
Size of the syndicated loan market
Features of the syndicated loan market
Instruments commonly used in the syndication market
Benefits of syndicated loans

Structural Analysis

Types of Borrowers
Pricing Considerations
Roles of Banks / Types of Commitment
Syndication From a Borrower's Viewpoint

Pre-mandate Documents and Analysing Borrower’s Cost

Term Sheet
Mandate Letter
Cost to Borrower

Risks In Syndicated Loan

Defaulting Lender
Impaired Agent
Credit Risk
Market Risk
Reputation Risk

Considerations for the Arranger

Balancing between the needs of the borrower and lenders
Activities in Principal Phases
Pre-mandate Phase
- Term sheet
- Mandate letter
- Cost to Borrower
- Bidding Configurations
- Syndication Strategies
Post-mandate Phase
- Post-mandate Timeline
- Information Memorandum
- Legal agreements
- Book running
Loan signing
Post signing

Secondary market transfer mechanism

Definition
Purpose
Mechanism

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$654

(After SSG Funding 70%)

$254

(After SSG Funding 70%
+ ETSS Funding 20%)

$654

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$254

(After SSG Funding 70%
+ MCES Funding 20%)

$254

(After SSG Funding 70%
+ ETSS Funding 20%)

$254

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$2,180

(No Funding)

$2,180

(No Funding)

$2,180

(No Funding)

All prices include 9% GST

Please note that the programme fees are subject to change without prior notice.

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll