金融银团贷款ppt课件.ppt

SyndicatedLoan Speechmaker 喻文文 Syndicatedloanisaformofloanbusinessinwhichtwoormorelendersjointlyprovideloansforoneormoreborrowersonthesameloantermsandwithdifferentdutiesandsignthesameloanagreement 贷款协议 Usually onebankisappointedastheagencybank 代理行 tomanagetheloanbusinessonbehalfofthesyndicatemembers Q Whatisasyndicatedloan Original Q Original Evolvedfrombilateralloans 双边贷款 AnindividualbankisoftenunableorreluctanttoextentcreditinhugeamountTodiversifyrisk 分散风险 severalbanksprovidealoantogetherunderstrictrulesandarrangement page82 83 Businessofsyndicatedloanmainlyinvolvesarranger 安排行 leadbank 牵头行 manager 经理行 participant 参加行 agencybank 代理行 coordinator 协调行 andothermembers whowillperformtheduty enjoytherightandassumetheriskaccordingtothecontractortheirrespectivelendingproportion Kindreminder Featuresoradvantages Largeamountandlongterm Itcanmeetborrowers demandforfundsoflongtermandlargeamount Itisgenerallyusedfornewprojectsloans largeequipmentleasing 租赁 andenterprises mergerfinancing 企业并购融资 intransportation petrochemical telecommunication powerandotherindustries page83 para 3 Lesstimeandeffortforfinancing 融资 Featuresoradvantages Itisusuallytheresponsibilityofthearranger 安排行 fordoingthepreparationworkofestablishingthesyndicateaftertheborrowerandthearrangerhaveagreedonloantermsbynegotiation Duringimplementationoftheloans theborrowerdoesnotneedtofaceallmembersofthesyndicate Relevantwithdrawal repaymentofprincipalwithinterest 还本付息 andothermanagementworkrelatedtotheloansshallbefulfilledbytheagencybank 代理行 安排行是指一家或一组接受客户委托筹组银团并安排贷款分销的银行 是银团贷款的组织者和安排者 通常安排行亦会包销整笔银团贷款 代理行是指在贷款期内 由银团成员推选及借款人同意下选定其中一家银行作为代理行 在贷款协议签订后 代理行按照贷款协议内所列条款代表银团成员办事 负责提款 还本付息 贷后管理等贷款管理事宜 负责借款人和银团成员之间的信息沟通 并处理违约事件等 Diversifiedapproachestosyndicatedloans Thesameloansyndicationscanincludemanyformsofloans suchasfixed termloans 定期贷款 revolvingloans 周转贷款 standbyL Cline 备用信用证 onrequirementsoftheborrower Meanwhile theborrowercanalsochooseRMB USD EUR GBPandothercurrencyorcurrencyportfolio 货币组合 ifneeded Featuresoradvantages Itcanhelpborrowersestablishagoodmarketimage Successfulestablishmentofthesyndicatecomesfromtheparticipants 参与行 fullrecognitionoftheborrower sfinancialandoperationalperformance bywhichtheborrowercanbuilduptheirreputation Featuresoradvantages 参与行是指接受安排行邀请参加贷款银团 并按照协商确定的份额提供贷款的银行 SyndicatedloanmainlyadoptRMB Besidesit USD EUR GBPandothercurrenciesarealsoavailable Multiplecurrenciescanbeusedinasinglesyndicatedloanondemandoftheborrower Currency Threetofiveyearsforshort term Seventotenyearsformedium termTentotwentyyearsforlong term Termormaturity Lendinginterestrateshallbeset accordingtodifferentborrowers inlinewithlendinginterestratepoliciesofthePeople sBankofChinaandprovisionsofthesyndicatedloancontracts InterestRate 1 Borrowerswhorequirelong termandlarge amountloan 2 Borrowerswithhighreputationintheindustry whoseoperationabilityaswellasfinancialandtechnicalstrengtharerecognizedbymostbanks TargetCustomers 1 Theborrowershouldbethelegalpersonsofenterprises 事业法人 andpublicinstitutionsaswellasothereconomicorganizationsapprovedandregisteredinPeople sRepublicofChina 2 TheborrowermustbequalifiedforbasictermsandconditionsontheborrowersofLendingGeneralProvisions 贷款通则 aswellascreditingmanagementpolicy 授信管理政策 issuedbythebank 3 Theborrowershallmeetrequirementsofcertainlevelaftercreditrating 信用评级 bythebankorotherrecognizedratingagency ApplicationQualifications ApplicationQualifications 4 Theborrowershallbelargeandmediummanufacturingenterprisesorprojectcompanieswithsoundoperationandfinanceaswellasstrongcompetitioninrespectiveindustries whichshallbepromisinginthedevelopment 5 Theborrowerhasestablishedaregularandsoundpartnershipwithbankgroup 6 Intheeventofjoiningthesyndicatesetupbyotherbanks thearrangerbankshallbeapolicybank state ownedholdingbank 国有控股银行 orforeignbankwithsufficientcreditandoperationalstrength 1 RelevantinformationontheborrowerandtheirChineseandforeignshareholdersandguarantorsshouldbeprovidedtotheleadbank 牵头行 2 Businesslicenseandarticlesofassociation 公司章程 oftheborroweraswellasjointventure 合资 orcooperationcontractsofforeign fundedenterprises 外商投资企业 andinlandassociatedenterprises 内联企业 3 Projectproposals 项目建议书 feasibilitystudyreports 可行性研究报告 engineeringestimates 工程概算 andotherdocumentsapprovedbygovernmentdepartmentsandapprovaldocuments aswellastheapprovaldocumentsontheprojectprovidedbyadministrationsoftaxation environmentalprotection andcustoms 4 Purchasecontracts constructioncontracts supplyandsalecontracts 供销合同 ofprojectequipment 5 Otherdocumentsorinformationneededbythebank RequiredDocuments page83lastpara Procedures Thebankreceiveloaninformation financingtenderdocuments 融资招标书 ofclient Thebankdiscusstheloanprovisions 贷款条款 andfinancingstructure 融资结构 withtheclientanddraftstherelateddocuments Thebankthenbesurelydesignated 受委托为 astheleadbankorunderwriter 主承销方 forthesyndicatedloan Thebankthenconfirmstheamountofcredit definesthesyndicatedtimetable strategyandcompositionofsyndicate 银团筹组时间表 组团策略及银团邀请名单 page84 lastpara Procedures Thebankthenshouldpreparetheloanmemorandum 备忘录 andinvitation 邀请函 tothesyndicatedandinvitealltherelatedfinancialinstitutions Theparticipantsmakecommitmentontheirsubscription 参与行承诺认购金额 Thecredit