vol 19 no2,2019

The Legal Value for the Documents Related to the Preparatory Stage of the Syndicated Loans

The Legal Value for the Documents Related to the Preparatory Stage of the Syndicated Loans

Mohamed Hasan Obaid                                                                           Ali Khaled Ali Qtaishat

Faculty of Sheikh Nooh Al-Quda for Shariah and Law                             Faculty of Sheikh Nooh Al-Quda for Shariah and Law

The World Islamic Science University                                                    The World Islamic Science University

Received 22/08/2017                                                                                               Accepted 04/11/2018

Abstract:

Because of the importance of the syndicated loans as a financial tool in major projects, due to the important of syndicated loans in financing mega-projects and its preparatory stage, this research aims to study and analyses the letters, documents, and change invitations between parties. As a legal study, this research gives a legal description according to the Jordanian legal system.

Keywords:  Syndicated Loans- Borrower- Arranger Bank- Participating Banks, Mandate Letter - Information Memorandum.

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