Structure & rolesFoundation14 min
Syndicated roles and the operating model
Understand who owns the credit, who administers the facility and where each operational handoff begins and ends.
Open guideSyndicated, agency & participation operations
Operate multi-lender facilities with control.
Learn how agents, lenders and participants coordinate notices, funding, positions, transfers, voting and stressed events.
Five operating areas
Follow the shared-credit operating model
MODULE 01
Structure & roles
Map the borrower, arranger, agent, lenders and participants.
MODULE 02Agency operations
Coordinate notices, funding, communication and cash movement.
MODULE 03Positions & cash
Maintain lender shares, allocations, accruals and reconciliations.
MODULE 04Transfers
Distinguish assignments, secondary trades and participations.
MODULE 05Change & stress
Control amendments, voting, defaults and workout activity.
Available guides
Start with roles, then follow the cash
Agency operationsCore18 min
Agency notices, funding and cash distributions
Run the daily notice-to-cash cycle with clear cut-offs, verified instructions, allocation controls and lender communication.
Open guidePositions & cashCore17 min
Lender positions and pro-rata allocations
Control commitments, funded balances, availability, accrual entitlements and rounding across facilities and lenders.
Open guideTransfersAdvanced21 min
Assignments, secondary trades and participations
Distinguish lender-of-record transfers from economic participations and control the path from trade intent to effective position.
Open guideChange & stressAdvanced22 min
Amendments, consents, defaults and workouts
Coordinate voting, effective conditions, system changes and heightened controls when a facility changes or becomes stressed.
Open guideDocument-led operational education
These guides explain common market structures and controls. The executed facility and transfer documents, applicable law, authorised decisions and your institution’s procedures control every live transaction.