4.5.5 Specifying Participants for the Facility

You must also identify the participants who contribute to the syndication agreement for the borrower facility contract. You can do this through the Participant Ratio Details screen.

Specify the User ID and Password, and login to Homepage.

From the Homepage, navigate to Loans Syndication - Facility Contract Online screen.

  1. From the Loans Syndication - Facility Contract Online screen, click Participants.
    The Participant Ratio Details screen is displayed.

    Figure 4-11 Participant Ratio Details



  2. The following details are displayed in this screen:
    • Product Code
    • Contract Reference Number
    • Customer of the contract
    • Participant Name and Code
    • Fee components associated with the product (only if the Participant Propagation Required option is checked for the component in the Borrower Product – FEE Details screen).
    • Through this screen, you can select participant details for the contract.

    Note:

    Participant asset ratio is mandatory and should only be maintained for stand by fee facility contract.
    Each of the above procedures is discussed below: