Certified Agent in syndicated loans
The agent in syndicated loans ('Agent') plays an important role in the management and settlement of syndicated loans. These loans are characterised by the fact that they are provided by a group of financiers. The provision of a syndicated loan enables financiers to spread risks and participate in financing opportunities that may be too large for their individual 'risk appetite'. Syndicated loans are granted to (very) large companies, government agencies and special purpose companies (the ‘borrower’). The Agent represents the lenders (the 'syndicate members').
This programme is on invitation only.
The Agent:
- communicates with the syndicate members and the borrower up to CFO level;
- negotiates with the syndicate members and with the borrower on the Agency fee, the operational structure of the financing arrangement and its position as laid down in the documentation;
- arranges the information and payment flows between the borrower and the syndicate members;
- coordinates waivers and amendments activities; and
- coordinates the execution of security upon acceleration of the facility, or
- releases the security when the facility is repaid.
Fulfilling the role of agent in a syndicated loan is the subject of the first series of the Programme. In the second series we will focus on specific and current issues the Agent has to deal with.
Target group
The Agent in Syndicated Loans Certified Programme is aimed at:
- Professionals working in syndicated loans agency departments of one of the banks partcipating in the Dutch Agency Platform (DAP) and having at least one year of working experience as agent
- Parties engaged in syndicated loans or having frequent contact with agents (by invitation)
- Agency professionals of foreign agency departments (by invitation)
The required education level is academic work and think level, being capable of:
- Dealing with paradoxes and dilemmas
- Approaching people and subjects from different perspectives
- Conceptual thinking
- Forward thinking.
The participant in the Certified Programme Agent in Syndicated Loans is assumed to have knowledge of lending and payment processing at the level of the NIBE-SVV courses Zakelijke Kredietverlening (corporate lending) and Kernaspecten Betalingsverkeer (core aspects of payment processing).
As a result, the participant is familiar with the process of granting credit facilities, aspects related to security and has general knowledge of (international) payment processing.
Language
Dutch or English depending on group composition
Number of meetings
8
Dates
6, 7, 8, 9 November 2023
and
22, 23, 24, 25 January 2024
Time
9h - 13.30h
Price
€ 4.500,- (including teaching materials, exam, UvA diploma, location)
Location
Landgoed Zonheuvel, Doorn, The Netherlands
- Vorm
- Postacademisch
- Start
- November