City Bank Plc (the lead/managing bank) is preparing an information memorandum to attract other banks in the UK to lend in a syndicated loan. The law and jurisdiction will be English. Consider its possible liability, if any, for misrepresentation. What are the characteristics or featuresthat are to be observerdin writing of an information memorandum? What is the benefit of preparing an information memorandum? Be detailed and straight to the point ensuring that all key points are observed in writing of the information memorandum of the bank