Syndicated Loans

YENER ALTUNBAS is a Senior Lecturer at the University of Wales, Bangor, UK. Author of a number of articles on the structure and efficiency of banking markets, his main fields of research include the study of European banks, efficiency, stock market analysis, electoral studies, regional economics and urban economics. BLAISE GADANECZ is with the Bank for International Settlements, Switzerland. His research covers a range of banking topics, such as the term structure of credit spreads in project finance, the micro-structure of international syndicated loan and bond underwriting markets, a

• Introduction A Global Overview of the Syndicated Loan Market Historical Analysis: 1970-2004 Borrower Country Economic Structure and the Pricing of Syndicated Loans Lender Behaviour and the Structure and Pricing of Syndicated Loss Banks' and Financial Institutions' Decision to Participate in Syndications Comparison of Syndicated Loan Markets with Bond Markets Syndicated Loans and Debt Distressed Emerging Market Finance Facts and Figures 1993-2004 Concluding Remarks

'This scholarly, but highly accessible book makes a wonderful introduction to the syndicated loan market...will appeal both to academics and practitioners who are new to syndicated lending.' - Riskbook.com