2011 CFC-Arranged Syndications Top $3 Billion
The National Rural Utilities Cooperative Finance Corporation (CFC) arranged $3.1 billion of syndicated revolving credit facilities for members in calendar year 2011. This number increased over prior years due to an increase in liquidity and a desire for participating financial institutions to open relationships with new borrowers. CFC has arranged 57 percent of all syndicated transactions, accounting for nearly $7 billion of facility amounts and making it the most active lead or co-lead arranger and administrative agent for electric cooperatives since 2005. Read more here.