{"iri":"http://lmss.sali.org/R7rSItsmfZhibf6F9nn0puD","id":"R7rSItsmfZhibf6F9nn0puD","label":"Syndicate","definition":"A Syndicate refers to a group of individuals or organizations that come together for a common purpose, often to pool resources, share risks, and achieve a collective goal in various industries. In a financial transactions, a syndicate refers to a group of financial institutions or investors that come together to collectively finance a large loan or underwrite a security issuance, spreading the risk among all participants. In the context of a syndicated loan, the syndicate includes multiple lenders who each contribute a portion of the loan amount, with one or more lead banks coordinating the transaction.","prefLabels":["Club Deal"],"altLabels":["Lending Consortium","Loan Syndicate"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R7L5eLIzH0CpOUE74uJvSjL","label":"Legal Entity"},"parents":[{"iri":"http://lmss.sali.org/R8xoAbLw9cOhM7q4iRXRmXu","id":"R8xoAbLw9cOhM7q4iRXRmXu","label":"Entity Groups"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R7rSItsmfZhibf6F9nn0puD/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}