This book examines the development of the international market for syndicated credits over the past three decades. It brings together practitioners' and academics' views on this form of financing and provides original answers to previously little-explored research questions. What determines banks' participation choices and supply? What influences the pricing of emerging country loans, particularly in times of crises? What are the differences with industrialized country loans and bonds? With its extensive coverage and thought-provoking insights, the book is of particular value for students, practitioners and academics.

This book examines the development of the international syndicated credits market over the past three decades. Bringing together views of practitioners and academics it provides original answers to unexplored research questions. With extensive coverage and thought-provoking insights, the book is of value to students, practitioners and academics.