Loan Syndication: Executing a Successful Transaction
- Finance & Investment
This module is conducted in-person.
2 Full Days (Weekdays)
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
- Term sheet
- Post-mandate Phase
- Post-mandate Timeline
- Information Memorandum
- Legal agreements
- Book running
- Post-mandate Timeline
- 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% |
$654 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
|
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
Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
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