Exploration For The Organizing Mode And Development Strategy Of The Syndicated Loan Market

The syndicated loan has become the main financial instrument in the debt capital markets around the world since the middle of the20th century. In some part of developed markets, the share of syndicated loan even more than direct financing. However, by contrast, the mature market abroad, the domestic syndicated loan market just still remains in the very beginning stage, and lack of emphasis and recognition on the market constructions and standardization operations. Besides, the organizing mode of syndicated loans is also single and still treats further perfect, the research for the organize mode and development strategy of the syndicated loan market has practical significance.In this context, this paper firstly started the origins and history of syndicated loan markets abroad, and introduced the policy environment, supervision system, self-regulatory system and the organizing of the mature syndicated loan market. Moreover, its characteristics of operational practices and management professional. Then, this paper studies the development situation of domestic syndicated loan market. And compared with the overseas syndicated loans market in the financial market environment, the formation process and other aspects. Pointed out that China’s syndicated loan market has some problems and gap. Include that the development of market main body is serious lag, the support object structure is unbalance, the degree of standardization is not high, the statistics norms is lack and so on. After that, introducing the case of the syndicated loan formation process for H city rail traffic project. Further analyzes the preparation pattern and process of syndicated loan, and the positive and negative effects for the syndicated loan market. Finally, concludes with the strategies for the development of syndicated loan market, includes the construction of market environment, the development of standard and the innovative strategy of organizing model.