A syndicated loan is: A group of underwriters formed to reduce the risk and help to sell an issue. OWhere the underwriter sells as much of the issue as possible, but can return any unsold shares to...

Extracted text: A syndicated loan is: A group of underwriters formed to reduce the risk and help to sell an issue. OWhere the underwriter sells as much of the issue as possible, but can return any unsold shares to the issuer without financial responsibility. Loans made by a group of banks or other institutions. Financing for new, often high-risk ventures. Direct business loans of, typically, one to five years.