The following Banking & Finance news provides comprehensive and up to date legal information on Sustainable finance and ESG monthly round–up—30 April 2025
Bills of exchange—structure and partiesBills of exchange are negotiable instruments that represent an unconditional promise by one party to pay...
Term Loan B facilitiesThis Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum...
Accelerating a loanThis Practice Note looks at considerations prior to, and when accelerating a loan. It discusses:•what is meant by acceleration•the circumstances in which lenders may accelerate•alternatives to acceleration, and•risks and legal considerations in relation to accelerationWhat is
Types of borrowersEconomic Crime and Corporate Transparency Act 2023—reform of limited partnerships: The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) received Royal Assent on 26 October 2023. Its provisions will come into force over an extended period of time. For more
Introduction to fund finance—capital call facilitiesThis Practice Note discusses:•what is meant by capital call facilities, NAV, or asset backed facilities, and hybrid facilities•the commercial use of capital call facilities•the due diligence that lenders will conduct•the standard security package
Overdrafts, term loans and revolving credit facilitiesThis Practice Note explains the features of three common types of loan facility:•overdrafts•term loans, and•revolving credit facilities (RCFs)It also considers the advantages and disadvantages of each type of loan facility from a borrower's
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