While in an undivided loan the capital is lent by a single creditor to a single debtor, in the case of a divided loan (or bond loan) there are many creditors against a single debtor. In fact, the loan whose overall amount is divided into units (ie, in debt securities or bonds) signed by a plurality of creditors is defined.
It is the large commercial companies that resort to this form of financing
Mostly in the medium or long term, which, by issuing loans composed of a certain number of bonds , obtain the capital necessary for the operation of the company from a myriad of creditors.
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