The third chapter analyse about the legal relationship between the parties in directly syndicated loan and in loanparticipation, and studied the duties, rights and obligations of agent bank.
A loanparticipation is a back-to-back arrangement where the lender of record manufactures payments to the participation party equal to receipts on the loan in return for funding or an indemnity.
贷款的参与是一个背靠背的安排，贷款人支付给参与方等于收益的贷款的记录制成品，以换取资金或赔偿。
3
Equity loanloan in the form of equity participation.