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Jan 26, 2015

Israeli Ministry of Finance Issues Draft Circular to Implement the Recommendations of the Goldschmidt Committee in Relation to the Extension of Syndicated Loans

In April 2014, the Goldschmidt Committee published its final report on the making of “coordinated loans”, a term covering consortium and syndicated lending by institutional investors in Israel. The report was aimed at improving the standard of lending by institutional investors and “providing the institutional investors with a toolkit to be used in their lending activity”.

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