Tony Williams,  Loan Technologist

This process encompasses all of the activities involved in originally structuring a deal and any of the subsequent restructuring of a deal for a customer, including full credit analysis and credit approval; organizing a syndicate in the case where the bank is agent; coordinating and distribution; negotiating the terms, covenants, and pricing of the deal; and closing the deal.

 

The corporate structure charts the relationship between the various entities, identifying stand-alone companies, divisions, operating and holding companies. The goal is to determine location of cash flows and assets that provides the basis for the legal structure of the deal.

 

Typically, the deal is structured to compliment the distribution process, where the explicit goal is to distribute some portion of the bank's share into the secondary market.