Loan Transaction Process Map

Summary

This process map provides a sample timeline for a typical syndicated loan transaction that is fully secured by substantially all the assets of the borrower parties. This process map is intended to give you a sense of the documents and action items generally required in a loan transaction from the initial commitment to closing, and the relative timing for when these items need to be accomplished and provided. However, the actual timing will vary depending on the specific transaction and the other circumstances surrounding it, including whether the facility is part of a refinancing, or an overall recapitalization of the borrower, or in conjunction with an acquisition or merger, or involves cross-border issues such as foreign borrowers, assets, or lenders. Additional actions and closing items may be required for particular facility types.