Term sheets, mandates and confidentiality

Term sheets, mandates and confidentiality guidance:

Term sheets are often prepared by the lender internally either by the in-house lawyers or, in some cases, the bankers themselves. For complex transactions the lender will...

Practice Note

Loan Market Association (LMA) term sheet precedent This precedent is drafted to be used alongside the LMA mandate letter precedent and the LMA's multicurrency term and/or...

Practice Note

When are mandate letters used? Mandate letters are typically signed at the start of a transaction, and are often attached to an agreed term sheet. They...

Practice Note

LMA mandate letter Mandate letters are typically signed at the start of a transaction, and are often attached to an agreed term sheet. The purpose of the...

Practice Note

The purpose of mandate letters Mandate letters are used in syndicated transactions to set out the terms of engagement between the arranging bank or banks (known as...

Practice Note

What is a 'market flex' provision? A market flex provision is designed to give arrangers and underwriters some flexibility as to the terms of a financing following the...

Practice Note

The Loan Market Association (LMA) has produced two English law term sheets for real estate finance (REF) transactions. Their purpose is to aid parties in agreeing key...

Practice Note

This Practice Note considers: • the nature of term sheets • the circumstances in which term sheets are used • the legal status of term sheets • key issues in negotiating...

Practice Note

Term sheets in acquisition finance transactions are generally extensively negotiated, and include a lot of the detail which will eventually be included in the full...

Practice Note