Yet the deal suggested there is appetite for risky sovereign bonds at the right price. The bank syndicate placing the bonds was able to drum up EURO 25 billion-worth of orders in a few hours.
a bank should establish a bank syndicate once itaccepts the loan application, collect transaction information between the loanees and syndicate members, be responsible for supervision dur-ing and after the deal and be ready to pay most of debt in case an enterprise is hit by financial crisis.
The bank syndicate charged with placing the bonds said it had drummed up euro25 billion-worth of orders in a matter of hours from investors attracted by an interest rate of 6.2%.
New Design of Financing Plan for SMS Enterprises to Seek Loans from Banks--relationship- based loan and managing and controlling on choice by bank syndicate;
