4. Corporate Debt
g. describe types of debt issued by corporations;
What is a bilateral loan?
A bilateral loan is a loan from a single lender to a single borrower.
What is a syndicated loan?
A syndicated loan is a loan from a group of lenders to a single borrower.
What is commercial paper?
Commercial paper describes a short-term, unsecured promissory note that is used by companies as a source of short-term and bridge financing.