What does lead bank mean?
Definitions for lead bank
lead bank
This dictionary definitions page includes all the possible meanings, example usage and translations of the word lead bank.
Princeton's WordNet
lead bank, agent banknoun
a bank named by a lending syndicate of several banks to protect their interests
ChatGPT
lead bank
A lead bank, also known as a managing bank, is a bank that oversees a syndicated loan (a loan offered by a group of lenders, or syndicate, to a single borrower) or a bond issuance. It is responsible for tasks such as organizing and managing other lenders or underwriters involved in the deal, arranging meetings, processing relevant documentation, distributing interest payments, and coordinating with the borrowing entity. The lead bank usually receives a higher fee for taking on this leadership role.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of lead bank in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of lead bank in Pythagorean Numerology is: 5
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"lead bank." Definitions.net. STANDS4 LLC, 2024. Web. 5 Jun 2024. <https://www.definitions.net/definition/lead+bank>.
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