If that amount is too large for the bank, they might reach out to another lender to contribute to the loan amount. For example, let’s say you’re a business owner who wants to borrow a large amount of money through your normal, commercial bank. Lenders may propose a syndicated loan when the required amount is too big for one bank, financial institution, or financial services provider. Syndicate loans often take the form of a fixed amount, a credit line, or both. That borrower might be an individual, company, project, or even a government. It’s when a group of lenders work together to offer funds to one borrower. But they might continuously pool a certain amount of resources into the shared business and take part in recurring projects together.Ĭommon syndicate types include underwriting syndicates, banking syndicates, and insurance syndicates.Ī syndicated loan is a type of syndicate finance. The companies involved in the joint venture are still independent. In a joint venture, two companies might form a contractual business partnership that focuses exclusively on airport construction. After the syndicate completed the job, the businesses would share any returns generated and then go their separate ways. For example, three construction businesses might form a temporary syndicate to carry out a big, one-off job like building an airport. The businesses then share expenses and revenues along the way.īy contrast, a syndicate focuses on completing a single transaction or project rather than a long-term collaborative partnership. A joint venture is when two or more parties agree to pool their assets or resources together to create a new business entity. They'd then share in any risks, such as a default, and also share in any profits.Ī syndicate is similar to a joint venture, but there are a couple of differences. Each bank would offer up a part of the loan amount. For example, two banks might create a syndicate to offer a particularly big loan to a high-risk party. Two or more businesses normally form a syndicate when they're in the same industry. Syndication is common in the banking and insurance sectors. But it also means that all of the syndicate members get a share of any returns generated as a result of the partnership. This helps companies mitigate some of the financial ramifications if the syndicate project falls flat. Syndicating allows businesses to share their assets and resources to tackle one project that might be too large or complicated for the syndicate members to tackle independently.īy entering into a syndicate, each business shoulders part of the risks associated with the project or transaction. Yet the vast majority are preventable with simple interventions that save money in the long run.A syndicate is a group of people or independent companies that form a temporary business partnership to manage a particularly big transaction or promote a common interest. How many of us know someone who died, or came close to dying, during pregnancy or childbirth? Perhaps the pervasiveness of suffering is part of the problem – maternal deaths may seem inevitable.

Even more worrying, the group found that progress on reducing maternal deaths has ground to a halt. Yet the staggering number of women dying every year in the act of giving life remains largely a silent crisis. Human devastation on this scale is usually met with weeks of news coverage, an outpouring of public support, and calls for urgent action. This figure is roughly equivalent to the death toll of the 2004 Indian Ocean tsunami or the 2010 earthquake in Haiti, two of the deadliest natural disasters in modern history. NEW YORK – In 2020, an estimated 287,000 women died in pregnancy, childbirth, or soon after delivering, according to the latest data from the United Nations Maternal Mortality Estimation Inter-Agency Group, which includes the United Nations Population Fund (UNFPA), where I am executive director.

The syndicate project merch