Role of Loans Administration

• The responsibilities of Loans Administration
• Where does Loans Administration fit within the bank structure?

The Credit Approval Process

• The role of the credit analyst and relationship manager
• Credit applications and approvals
• The credit committee

Facility Documentation and Security

• Facility types eg
  • Overdraft
  • Term loan
  • Revolving credit
  • Documentary letter of credit
  • Syndicated facilities
  • Committed/uncommitted facilities

Repayment Profiles

Essential operational clauses

• Optional currency
• Drawdowns

Essential legal clauses

• Conditions precedent
• Representations and warranties
• Undertakings
• Events of default

Reasons for taking security

Common forms of security

Syndicated facilities

• Arranger's role
• The role of the facility agent
• Clauses particular to syndicated facility agreements, eg.
  • Majority lenders
  • Sharing among the lenders

Operational Issues

• Drawdowns
• Rollovers
• Rate fixings
• Calculation of interest, fees and break costs
• Optional currency calculations
• Record keeping
• Diary systems

Secondary Market Transfers

• Trade confirmations
• Pricing letters
• Transfer certificates
• Explanation of delayed compensation
• Sub-participation