4.9.27.3 Tranche Repayment Schedule for Non-lead (Wrapper) Tranches

Tranche repayment schedules for non-lead (wrapper) products are maintained based on the global amount maintained at the tranche level. If the Apply Re-pmnt sch validation box is checked in the Additional Preferences for LB screen, then the sum of all repayment schedule amounts of the tranche should be equal to the global amount maintained for the tranche.

For more details on the Apply Re-pmnt sch validation box, refer section Specifying Additional Preferences for Loan Syndication in chapter Defining Products for Loan Syndication in the Loan Syndication User Manual.

Note:

Note the following in case of non-lead (wrapper) products:

• You should maintain the Shedule Amount as the global amount in the Tranche Repayment Schedules screen.
• System defaults the outstanding amount as the outstanding DD global amount in the Tranche Repayment Schedules screen.
• The allocation amount for each drawdown should not exceed the global outstanding amount of that drawdown.