Loan Syndication

A syndicated/club loan gathers funds from various lenders under the umbrella of a single loan agreement and is therefore an efficient source of lending. We ensure effective communication with several investors and coordinate the group of lending banks throughout the whole financing process – from the structuring of the transaction to final placement and distribution of the loan.

We focus on providing tailor-made syndicated loan solutions to borrowers in Erste Group’s home markets (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia).
 

The benefits to you:

• Raise substantial financing facilities on pre-agreed terms which would exceed the capacity of any single bank
• Enjoy structural flexibility in respect of maturity and repayment profile, loan type (e.g. revolving loan, term loan, L/C), rating, loan purpose etc.
• Reduce the administrative burden to allow you to focus on your business activities with our Erste Group Agency Services:
  • Acting as a neutral third party administrator between you as borrower and your lenders
  • Supporting you in monitoring your duties and deadlines under your loan facility agreement
  • Assisting you in managing cash flows (bundling cash flows on the borrower’s side while splitting them on the lenders´ side for e.g. disbursements, interest, fees etc.)
  • Facilitating communication with your lenders (single point of contact), advisers and consultants
  • Performing waiver, consent request and amendment management to facilitate the voting process 
  • Processing and guideing you through a potential lender change

With Erste Group you can count on a partner with a proven track record that holds a leading position when it comes to arranging syndicated loan solutions.