(VF)Cet article montre que la banque chef de file structure le syndicat et le prêt de manière à limiter les incidences négatives des problèmes informationnels pour les banques, permettant aux firmes les plus opaques de ne pas subir un spread trop élevé. Nous estimons les déterminants du...

Banking relationship has been showed to be important in lending, especially in small business lending. Few studies focus on banking relationship in syndicated loan, although they have became a major way of financing. The last financial crisis has clearly shown credit rationing, and credit...

The volume of credit granted in the form of syndicated loans saw a marked downturn in 2008. This article seeks to understand how certain firms were nonetheless able to benefit from larger facilities or a lower interest rate than others. Using a sample of syndicated loans issued in 2008 in North...