Thesis (Ph. D.)--Columbia University, 2003. / Includes bibliographical references (leaves 126-131).

Thesis (Ph. D.)--Johns Hopkins University, 1987. / Vita. Includes bibliographical references (leaves 315-326).

Thesis (Ph. D.)--University of Western Australia, 1993. / "96-11875." eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaves 137-148).

Thesis (Ph. D.)--University of Western Australia, 1993. / "96-11875." Includes bibliographical references (leaves 137-148).

Thesis (Ph.D.)--York University, 2005. Graduate Programme in / Typescript. Includes bibliographical references (leaves135-144). Also available on the Internet. MODE OF ACCESS via web browser by entering the following URL: http://wwwlib.umi.com/cr/yorku/fullcit?pNR11578

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Šiuo metu, kai rinkos atsigauna po daugybę neigiamų pasekmių sukėlusios finansų krizės bei ilgai trukusios recesijos, atsigavimo procesą be jokios abejonės spartina didelių investicinių ir kitų projektų, kuriems reikalingos sindikuotos paskolos, įgyvendinimas, taigi sindikuotos paskolos yra svarbus veiksnys skatinantis ekonomikos raidą tiek pasauliniu tiek teritoriniu mastu. Po finansų krizę įtakojusio ir rinkas sudrebinusio vieno iš didžiausių JAV bankų „Lehman Brothers“ bankroto susvyravo pasitikėjimas bankais, o kartu ir pačių bankų pasitikėjimas vienas kitu. Bankai tapo daug atsargesni tarpusavio santykiuose skolindami lėšas vienas kitam, sudarydami kitus sandorius ir bendradarbiaudami. Atsižvelgiant į tai, kad sindikuotų paskolų atveju kreditoriumi yra sindikatas, kurio nariai dažniausiai yra atskiri bankai, skolinantys pagal tą pačią kreditavimo sutartį, sindikuotų paskolų teikimas tapo sudėtingesnis, nes visų pirma baiminamasi situacijos kai kuris nors iš bankų tampa nemokus. Taigi sudarant ir įgyvendinant sindikuotų paskolų sandorius be jau egzistavusių probleminių aspektų pastaruoju metu atsirado ir naujų, kurie taip pat reikalauja detalaus tyrimo. Didžiąją dalį sindikuotų paskolų teikia tarptautiniai bankų sindikatai formuojami iš skirtingų valstybių bankų, atsižvelgiant į tai ir siekiant sumažinti tokių sandorių sudarymo laiko ir lėšų kaštus yra rengiamos pavyzdinės sindikuotų bankų paskolų sutartys. Tokias sutartis rengia Paskolų Rinkos Asociacija (angl. Loan... [toliau žr. visą tekstą] / Syndicated loan is a financial contract, which is very common in international market and is used to finance large loans in amounts of several hundred millions and a significant proportion run into billions. The essence of syndication is that two or more banks agree to make loans to a borrower on common terms governed by a single agreement between all parties. In Lithuania syndicated loan agreements are not very common and there are no special laws regarding this kind of contracts. Considering this situation syndicated loan contracts are regulated by the common rules established in Lithuanian Civil Code, lawyers preparing the syndicated loan agreements also use the recommendations provided by The Loan Market Association. The Association has recommended forms of syndicated facility agreements and there are user guides from the point of view of both lenders and borrowers. The purpose of this paper is to analyze substantial peculiarities of syndicated loan agreements, main problems that parties to the contract are facing while in the stages of organizing the syndicate and later making this syndicated loan mechanism work. Main problems discussed in this paper are bank manager liability and status attracting creditors to the syndicate and framing it with the syndicated loan agreement. This paper also discusses clawback clause, pro rata sharing and other most common theoretical and practical problems concluding the syndicated loan agreement and bringing it to life.

This thesis presents ways how investors can construct optimal portfolios on on-line peer-to-peer lending platforms. Thesis uses standard portfolio theory and unique dataset from Lending Club platform of over 886 thousand loans issued since 2008 till the end of 2015. Firstly, this thesis shows that there is a non- zero covariance between loans from different credit grades and it is necessary to include it in portfolio management optimization. Secondly, the thesis with the help of a logistic regression identifies loan default determinants. Using the default predictions, the portfolio performance can be improved significantly. Thirdly, the thesis simulates diversification benefits stemming from investing into multiple loans. Powered by TCPDF (www.tcpdf.org)

The market for syndicated loans has grown in the last two decades and is now a major source of funding for corporate organizations. As an important source of capital, an understanding of how this market operates is worth acquiring. Central to syndicated loans are the unique relationships that exist between the borrower, the lead arranger and the participant lenders. An analysis of these relationships and how these relationships affect loan syndications is also critical. The purpose of this paper is to explore the impact of information asymmetries and the resulting agency problems on loan syndications in terms of volumes and, structure. This paper also explores the role of reputations of the in mitigating the agency problems associated with loan syndications.