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.