Liability Confirmation

Transaction SDTOPR

This transaction is used to create liability approval for a Syndication Deal. It is mandatory to get the liability approved to open a Syndication Deal (Creating a Syndication Deal). The purpose of this transaction is to send an e-mail to the Account Manager of the Syndication Party and get the approval to open the deal. If a Syndication Party needs to be modified, it can only be done via this transaction before a deal is opened.

In this transaction, the Syndication Percentage is provided, which is then used to calculate the syndication amount with respect to the primary amount of the deal. Maturity date in the secondary side on panel ‘Syndication Liabilities’ is populated either from the primary side or the syndication deal depending on liability type.

For Liability type ‘AVL’, ‘Latest Possible Due Date’ is defaulted into field “Maturity Date”.
For Liability type ‘DPZ’ or ‘FIN’, “Maturity Date” of the primary contract is defaulted into “Maturity Date” on the Syndication Liabilities Details panel.

If either “Maturity Date” on the primary side or ‘Latest Possible Due Date’ on the secondary side is amended, it will be defaulted in the syndication liabilities accordingly. If the checkbox “Applicable for all Liabilities” is checked, the liability amount will be automatically calculated based on the syndication percentage provided for all types of liabilities (e.g. Contingent Liability, Financing Liability, etc.) in further transactions (e.g. Booking Handling, Amending, etc.).

This transaction can be used to amend the details any number of times before the deal is opened via Creating a Syndication Deal, i.e. the Liability Confirmation transaction can be used for a particular deal to amend the approval details.

Status Handling

Possible Syndication Status	Comments
Pending (Liability Approval)	Once the user enters the Details Panel, this status is defaulted in the dropdown list only if Primary Liability Amount for a syndication liability entry is <> 0.
Not Syndicated

Detailed information is available at Booking Handling. Kindly also refer to status_handling_of_syndication_deals for further particulars on Status Handling.

Example: Opening a Syndication Deal

Overview panel:

Syndication Liabilities:

Requirements

An existing Syndication Deal which is opened
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.

Transaction Control

Fees

Commissions

Results of this Transaction

Diaries

For more information see TRNDIA Diaries.

Action	Description	Diary	Follow-up Transaction	Comments
Create	Liability approval received	Today		Diary created to follow up receipts of liability approval received from the Relationship Manager

Updating/Storing of Amounts (CBS)

Liability (LIA)

Outgoing Correspondence

Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.

Name of Message	Receiver	Message ID	Type	Comments
Liability Approval	INT (Account Manager)	SDTINT1	E-mail / Letter	Account manager of Syndicated Party

Kindly refer to deal_message_handling for further particulars on Deal Message Handling.

Release

Transaction Panels

Overview
Syndication Liabilities
Details
Interest Details
Syndication Agreement
Completion
Messages
Compliance
Attachments

Overview

Datafields

Datafield	Description
Name	cf Appendix A, Table LED field NAM
Name	cf Appendix A, Table GID field NAM
Own Reference	cf Appendix A, Table LED field OWNREF
Own Reference	cf Appendix A, Table GID field OWNREF
External Key	cf Appendix A, Table PTS field EXTKEY
Address Block	cf Appendix A, Table PTS field ADRBLK
Reference for Address (Optional)	cf Appendix A, Table PTS field REF
Currency	cf Appendix A, Table CBB field CUR
Maximum Amount	cf Appendix A, Table CBB field AMT
Opening Date	cf Appendix A, Table SDD field OPNDAT

Syndication Liabilities

Datafields

Datafield	Description
Own Reference	cf Appendix A, Table CCI field OWNREF
Name	cf Appendix A, Table CCI field NAM

Documentation - DOKA-NG (Functional availability is per selected plan)

Table of Contents

Liability Confirmation