The new edition of one of Euromoney's best-selling self-study workbooks, this complete training programme clearly explains both the theory and practice of syndicated lending and, having examined the skills necessary for success, teaches you how to apply them. This new edition has been fully revised to take account of all the latest market developments. In six detailed modules it examines each step of the syndicated process and on completion of the course you should: understand the workings of both the primary and secondary markets; be able to analyze the advantages and disadvantages of syndicated loans, including their suitability for funding an acquisition; have studied the roles of various participants and know how best to structure a syndicate; have a comprehensive understanding of the legal framework including the content and structure of loan agreements; have detailed knowledge of differing loan types and their uses; understand the borrower's needs and requirements; and be able to apply what you have learnt to real-life situations.