What seems to be happening here is that the agent bank takes the swap with the borrower and assumes the total market risk (interest rate risk) of the operation. However, the agent bank needs the help of syndicated banks (I believe the same) to cover the solvency of the swap. So the agent asks each union to cover a part (I believe the same) part of the credit that was allocated in the loan. Syndicated loans can lead to risk-taking agreements when lenders take certain steps. If a borrower wishes to obtain significant financing, a syndicated loan can be offered through a bank of agents that cooperates with a consortium of other lenders. It is likely that the participating banks will contribute the same amounts to the total needs and pay a fee to the agent bank.
