9.5.1 Selecting Participants for Tranche Upsize
You can select the participants in the Participant Ratio Details screen. Click Non-Prorata tab in the Value Dated Amendments screen to invoke it. In the Non-Prorata Participant Ratio Details screen, click List of Values button to invoke the Participant Selection screen. The system displays the names of the existing participants of the tranche as on the value date of the amendment (upsize).
From the existing list of participants, you have to select the participants contributing towards tranche upsize and move them to the Contract Participants section of the screen.
For details on the above screen, refer the section titled Specifying participants for the facility in the Loan Syndication Contracts chapter of this User Manual.
After selecting the list of participants, click Ok button to save and return to the Participant Ratio Details screen. In this screen, you can view the names of the selected participants (in the Component Ratio field), as shown below.
You can specify the new ratio as per the participants’ contribution towards the increase. The system allocates the increased amount to the selected participants as per this new ratio.
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