Syndicated Loans

The most common form of raising large debt facilities for domestic borrowers in Hungary is through the formation of a bank syndicate.

Citibank's global leadership in arranging syndicated loans has driven the development of syndicated lending in Budapest, with a number of groundbreaking transactions, such as the largest ever Hungarian Forint syndication, the Vodafone project financing.

Citibank's success in attracting strong borrowers and solid bank groups stems from its reputation for delivering well-structured loan facilities with terms favorable to all parties in a transaction. Borrowers are assured of smooth access to favorable financing terms, including fixed interest rates and bullet maturities.

Major Benefits of Syndicated Loans

• Quick access to large amounts of capital
• Flexibility - funding can be tailored to Borrowers' specific cash flow requirements
• Cost effective - compares favorably to the cost of capital market issuance