Which of the Following Is Not True About Syndicated Loans

question 21

Multiple Choice

Which of the following is not true about syndicated loans?

• A) A borrower that receives a syndicated loan incurs various fees besides the interest rate.
• B) The loans are only denominated in U.S. dollars.
• C) The loans are provided by a group of banks to a borrower.
• D) The loans are usually formed in 6 weeks or less.

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