User Tools
Add this page to your book 
Remove this page from your book 
Manage book (
Help Table of Contents
Booking Handling
Transaction SDTHAN
This transaction is used to handle liabilities on the Syndication Deal when there is a liability change on the primary side.
The booking handling transaction is used to reduce the liability in line with the change in liability on the primary side. The main difference between this transaction and Amending is that this transaction is used in case of reduction in the primary amount.
A Syndication Deal can be closed via this transaction using the checkbox “Close Syndication Deal”, if the “New Syndication Amount” is 0 for all liabilities.
A Syndication Master Contract can also be closed via this transaction using the checkbox “Close Syndication Master”, if no other syndication deal is open.
Syndication Handling Messages
A Syndication Message is generated based on the field “Type of Message” selected and is sent to the Syndication Partner. “Type of Message” includes:
- Negotiation – when deferred payment has been accepted with amount and maturity.
- Partial Release – when (partial) liability is reduced on primary side. If the Syndication Partner participates on liability, the subsequent Syndication Amount is reduced.
- Full Release – when (full) liability is reduced on primary side. If the Syndication Partner participates on liability, the subsequent Syndication Amount is reduced.
A new checkbox “Release Syndication Partner from all unfunded Liabilities” is available in this transaction. On setting this flag, all liability entries with status ‘Booked in Funded’ will be set to status ‘Booked Out Unfunded’ and the booking amount will be adjusted to set the new Syndication Amount to 0. This checkbox is available in the ‘Deal Message / Handling’ panel.
'Applicable for all Liabilities' Flag
If the checkbox “Applicable for all Liabilities” is checked, the liability amount is automatically calculated based on the “Syndication Percentage” (Overview panel) provided for all types of liabilities (e.g. Contingent Liability, Financing Liability, etc.) applicable in the Primary Contract. In this case, the booking amount is calculated automatically so that the “New Syndication Amount” will be 0 and the Status is updated to “Booked Out Unfunded”.
In cases when this checkbox is not checked, both “Percentage” and the “Booking Amount” in the Details panel are enabled, and the user needs to enter the details manually. The “Syndication Percentage” in the Overview panel is disabled in this case.
The “Booking Amount” is calculated automatically if the “Percentage” is entered. Once the “Percentage” is entered, the “Booking Amount” field is disabled.
If the user intends to add the “Booking Amount” first, then it must be calculated manually and entered. Once the “Booking Amount” is entered, the “Percentage” is calculated automatically.
Status Handling
- If the checkbox “Applicable for all Liabilities” is checked:
| Possible Syndication Status | Comments |
|---|---|
| Booked In Unfunded | If the stored status is ‘Not Syndicated’, this status is defaulted in the dropdown list. OR If the “New Syndication Amount” <> 0 and if the stored status was ‘Booked Out Unfunded’, then this status is defaulted. |
| Booked Out Unfunded | This status is defaulted only if the New Syndication Amount = 0. |
- If the checkbox “Applicable for all Liabilities” is “not” checked:
| Possible Syndication Status | Comments |
|---|---|
| Booked In Unfunded | If the “New Syndication Amount” <> 0 and if the stored status was ‘Booked Out Unfunded’, then this status is defaulted. OR If the stored status is ‘Not Syndicated’, this status can be selected from the dropdown menu but is not defaulted. |
| Booked Out Unfunded | This status is defaulted only if the New Syndication Amount = 0. |
| Not Syndicated |
Kindly refer to status_handling_of_syndication_deals for further particulars on Status Handling.
Requirements
An existing Syndication Deal which is open and not closed.
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.
None
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 |
|---|---|---|---|---|
| Syndication Message | SYN (Syndication Party) | SDTSYN1 | Letter / E-mail |
Kindly refer to deal_message_handling for further particulars on Deal Message Handling.
Release
Transaction Panels
Syndication Liabilities
Overview
Details
Interest Details
Deal Message/Handling
Completion
Messages
Attachments
Settlement
Settlement Details
Syndication Liabilities
Datafields
| Datafield | Description |
|---|---|
| Own Reference | cf Appendix A, Table CCI field OWNREF |
| Name | cf Appendix A, Table CCI field NAM |
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 |
Details
Interest Details
Deal Message/Handling
