menu-search
LEXISNEXIS_ICON4_SIGNINSign-in LEXISNEXIS_ICONS_SUPPORTHelp

Secondary trading and loan portfolio sales

View Banking & Finance by content type:

News
Practice notes
Precedents
Q&As

Latest Banking & Finance News

The Law Commission’s recommendations for updating for the Land Registration Act 2002—thoughts on the government response

The Law Commission’s recommendations for updating for the Land Registration Act 2002—thoughts on the government response

The following Banking & Finance news provides comprehensive and up to date legal information on The Law Commission’s recommendations for updating for the Land Registration Act 2002—thoughts on the government response

FCA looks to challenge Amigo Loans’ restructuring plan

FCA looks to challenge Amigo Loans’ restructuring plan

The following Banking & Finance news provides comprehensive and up to date legal information on FCA looks to challenge Amigo Loans’ restructuring plan

Banking and Finance weekly highlights—13 May 2021

Banking and Finance weekly highlights—13 May 2021

The following Banking & Finance news provides comprehensive and up to date legal information on Banking and Finance weekly highlights—13 May 2021

SEC brought 75 crypto-related actions in 7.5 years

SEC brought 75 crypto-related actions in 7.5 years

The following Banking & Finance news provides comprehensive and up to date legal information on SEC brought 75 crypto-related actions in 7.5 years

Featured Banking & Finance content

Director’s certificate for a bilateral loan: borrower

Director’s certificate for a bilateral loan: borrower

[insert date]To:[insert full name and address of lender]Dear [insert full name of lender]I am a director of [insert full name of borrower] (the...

Shipbuilding contracts

Shipbuilding contracts

This Practice Note considers the main terms included in standard form shipbuilding contracts. In particular, it looks at:•standard forms of the...

Drafting or reviewing legal opinions in loan transactions

Drafting or reviewing legal opinions in loan transactions

Legal opinions are one of the key documentary conditions precedent in loan transactions. The legal opinion is a letter which sets out opinions as to...

Secondary debt trading—completing the trade confirmation

Secondary debt trading—completing the trade confirmation

The majority of secondary debt trades are conducted by telephone or by email. Following the trade call or email exchange, the parties will document...

Practice notes

Floating charges—advantages and disadvantages

Summary of advantages and disadvantages of the floating chargeThis Practice Note discusses the advantages and disadvantages of taking a floating as...
Read More >
9th Nov
Practice notes

Transferring a loan by novation

Novation is a means by which a lender can transfer its interest in a loan to another lender.This Practice Note looks at what is meant by novation...
Read More >
9th Nov
tag iconIn-house
Practice notes

Transferring a loan by legal assignment

Assignment is a means by which a lender can transfer its interest in a loan to another lender.For an overview of the reasons why a lender might...
Read More >
9th Nov
Practice notes

Hot topics for Banking & Finance lawyers

This Practice Note lists hot topics (with links to the appropriate materials) that may be of interest to Banking & Finance lawyers. It is updated...
Read More >
9th Nov
Practice notes

Increased costs

This Practice Note considers the costs that a lender operating in the interbank market will incur when providing funding to a borrower and the steps...
Read More >
9th Nov
Practice notes

Third party security

In many commercial finance transactions, lenders expect to be given some form of credit support to increase their confidence in being able to recover...
Read More >
9th Nov
Practice notes

The facility agent

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...
Read More >
9th Nov
Practice notes

Acquisition finance—ancillary facilities

On an acquisition finance transaction, the borrowing group, in addition to the debt (whether loans or bonds) required to fund the transaction, will...
Read More >
9th Nov
Practice notes

Events of default

This Practice Note considers:•the purpose of events of default included in facility agreements•common events of default relating to borrowers and...
Read More >
9th Nov
tag iconCOVID-19 tag iconIn-house
Practice notes

Synthetic securitisations

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...
Read More >
9th Nov
Practice notes

ISDA definitions

The vast majority of derivative transactions are documented by standard documentation developed and published by the International Swaps and...
Read More >
9th Nov
tag iconIn-house
Practice notes

Loan Market Association (LMA) leveraged documentation

Development of the Loan Market Association (LMA) documentationThe project to develop the LMA investment grade documents began in 1998 as a response to...
Read More >
9th Nov
Practice notes

Fixed and floating charges

There are four main types of security available under English law: •mortgage•charge•pledge, and•lienThis Practice Note explains:•the nature of a...
Read More >
9th Nov
Practice notes

Incremental debt flexibility or accordion features

What are incremental facilities?An incremental facility is feature included in a credit agreement where, subject to meeting certain pre-agreed...
Read More >
Produced in partnership with Osborne Clarke 12th Jan
Practice notes

Intercreditor agreement—key provisions

This Practice Note provides an introduction to intercreditor agreements and their key provisions. This Practice Note:•explains the purpose of having...
Read More >
9th Nov
Practice notes

Sources of Shari'ah

IntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal...
Read More >
9th Nov

Most recent Secondary trading and loan portfolio sales content

Practice notes

Secondary trading of distressed debts

Companies which are starting to show signs of distress often see their debt being traded on the secondary market at prices below par/face value. The...
Read More >
9th Apr
Practice notes

Loan portfolio sales—legal documentation

This Practice Note provides an overview of the main legal documentation which may be used to conclude the disposal of a loan portfolio and suggests...
Read More >
8th Apr
Practice notes

Loan portfolio sales—an introduction

This Practice Note provides an introduction to loan portfolio sales, considering in particular the types of portfolios that exist for sale and the...
Read More >
8th Apr
Practice notes

Secondary debt trading—timeline of a typical trade

The timeline outlined below is an indicative time-frame incorporating the various steps required through the process of a typical secondary debt...
Read More >
Produced in partnership with K&L Gates 8th Apr
Practice notes

Use of information in the secondary debt market for loan trading

This may have an impact on this Practice Note in relation to regulation of the secondary market. For further information, see Practice Note:...
Read More >
Produced in partnership with Diane Roberts of Reed Smith 8th Apr
Practice notes

Secondary debt trading—completing the trade confirmation

The majority of secondary debt trades are conducted by telephone or by email. Following the trade call or email exchange, the parties will document...
Read More >
8th Apr
Practice notes

Comparing UK and US secondary debt trading markets, with particular reference to the LMA v LSTA recommended terms for secondary trading

The UK and US secondary (private) debt trading markets are very similar when transacted on the suite of documents issued by the Loan Market...
Read More >
Produced in partnership with Diane Roberts of Reed Smith 8th Apr
Practice notes

Debt buy-backs

The ability of borrowers, members of the borrower group or the sponsor (or affiliates of the sponsor) to buy back loans became a live issue when the...
Read More >
8th Apr
Q&As

How might the European Commission proposal for new conflict of law rules for assigned claims impact the secondary loan market?

SummaryThe European Commission’s proposal for a Regulation on the law applicable to the third-party effects of assignments (the Proposal) published on...
Read More >
Produced in partnership with Brian Cain 8th Apr
Practice notes

Loan portfolio sales—key issues

This Practice Note considers some of the key issues which can arise on a loan portfolio sale and which may be relevant to banking law practitioners...
Read More >
17th Mar
Practice notes

Key provisions in the LMA standard terms and conditions for secondary debt trading

Secondary debt trades in the London market are typically documented through a suite of recommended form of documents produced by the Loan Market...
Read More >
17th Mar
Practice notes

Overview of the key documentation in a typical secondary debt trade

Secondary debt trades in the London market are typically documented through a suite of recommended form of documents produced by the Loan Market...
Read More >
Produced in partnership with K&L Gates 26th Feb
Q&As

I am advising on a secondary debt trade and the trader has completed the trade confirmation with some additional terms which were not discussed on the trade call. Are those additional terms incorporated into the trade?

This Q&A considers the situation when a trader wants to include additional terms into a secondary debt trade confirmation which were not agreed on the...
Read More >
15th Feb
Q&As

Can an unsecured creditor assign its debt in an administration estate?

A party wishing to file a claim for their debt in an administration must submit a written claim to the administrator. The document by which they seek...
Read More >
Produced in partnership with Eleanor Stephens 8th Jan

Popular documents

Arbitration agreements—definition, purpose and interpretation

Arbitration agreements—definition, purpose and interpretation

This Practice Note considers the nature and scope of arbitration agreements with a particular focus on arbitration agreements pursuant to the law of England and Wales, although it also discusses the concept from an international perspective and includes some comparative examples from other

Non-UCITS retail schemes (NURS)

Non-UCITS retail schemes (NURS)

BREXIT: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation period, during which it continues to be subject to EU law. This has an impact on this Practice Note. For further guidance on

Notaries and notarisation—notarisation

Notaries and notarisation—notarisation

The principles of the notarial act are that it is:•an act of the notary and not of the parties named in the document•a record of a fact, event or transaction•in the form of a document, notwithstanding the form of the underlying document, fact, event or transactionThe purpose of the notarial act is

What is an intangible fixed asset?

What is an intangible fixed asset?

Part 8 of the Corporation Tax Act 2009 (CTA 2009) is a specific corporation tax regime that applies exclusively to the gains and losses of intangible fixed assets. Note, however, that certain intangible fixed assets are excluded from the regime, see Practice Note: Excluded intangible fixed