Niocorp Developments Ltd (NB)

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Normally large credit situations, over say 100 million, often have Syndication Financing which is several lenders. This spreads the risk in case of failure. In principle lending is very different from investing.
Lending makes their profit from the
"Spread" which is COF cost of funds versus the interest rate of the loan.
Generally speaking loans are re-priced every 5-10 years. But can go fixed for 15 or 20 years. But many banks want to revisit rates. A bank may do a 20 or 25 year business loan and pricing is adjusted every 5 or 10 years. It would be extremely unusual for one institution to do a $600 million loan. One loan failure eats up a lot of income since they make their money on spread and fees.