9.1 Introduction

The Value Dated Changes function of Oracle Banking Corporate Lending enables you to make changes to borrower tranches and borrower drawdowns under a syndication, which impact the financial details and accounting entries. Through this function, you can make changes to an authorized borrower tranche and borrower drawdown before its maturity date.

The changes that are made through this function, takes effect on a date known as the Value Date, which is why it is known as the Value Dated Changes function.

The Value Date could be:

• A past date
• The application date
• A future date

You make value dated changes to borrower tranches in the same manner as you would for a normal commitment or loan contract.

For a detailed description, refer the chapter Making Additional Disbursements and Rate Changes, in the Bilateral Loans User Manual.

Note:

Only those aspects that apply specifically to borrower tranches and borrower drawdowns are explained in this chapter.

Any changes that you make to a borrower tranche is automatically applied to the participant leg of the contract.