My textbook defines the bank meeting as a presentation held by the target management and lead arranger to those potential investors that are interested in investing in bank debt. The road show, on the other hand, is described as one-on-one presentations for potential bond investors.
Is this distintion actually accurate? I wonder because bond investors are typically institutional investors, i.e. the same target audience that also invests in TLBs and 2nd Lien Term Loans, and therefore would take part in two distinct presentations?