3.3 Creating a Borrower Tranche/Drawdown Product
When you define a borrower facility product, you must specify the corresponding
borrower tranche and drawdown products to be used for borrower tranche or drawdown
contracts that will be processed under the parent borrower facility contract that uses
the borrower facility product.
You must also specify the participant product that is used to process participant contracts that are created from borrower facility contracts that use the borrower facility product.
Therefore, it becomes necessary for you to create participant products and borrower tranche and drawdown products before creating borrower facility products.To create a borrower tranche or drawdown loan you can specify the basic details such as the Product Code, Group, Description, and so on in the Loans Syndication – Borrower Product Definition screen.
Specify the User ID and
Password, and login to Homepage.
- Specifying Preferences for Tranche/ Drawdown Products
- Mapping the Disclosure Code to a Product
- Specifying Generic Attributes for a Tranche/Drawdown Product
- Defining Interest Components for Borrower Tranche/Drawdown Products
- Charge Components for Borrower Tranche/ Drawdown Products
- Specifying Fee Components for a Borrower Product
- Defining Discount Accrual Preference
- Associating Parties
- Associating Diary Events
- Maintaining UDFs
- Specifying Accrual Fee Details
Parent topic: Defining Products for Loan Syndication