What does bank meeting mean?

1. The meeting held by lead arrangers with co-underwriters and commonly required for large financings where questions about the deal, tiers (tickets) and syndicate titles, announce closing fees and establish a timetable for commitments, allocation and syndication closing are addressed.
2. In a leveraged (acquisition) finance transaction, a meeting at which potential lenders hear management and the sponsor group describe the terms of the financing, the transaction it backs and why and how the lenders will be repaid on or ahead of schedule (“exit strategies”).