Development of the Loan Market Association (LMA) documentationThe project to develop the LMA investment grade documents began in 1998 as a response to...
This Practice Note covers the typical structure of facility agreements and the key terms and provisions that will be included. It examines the process...
This Practice Note explains the features of three common types of loan facility:•overdrafts•term loans, and•revolving credit facilities (RCFs)It also...
Assignments by way of security can take different forms and it is important to understand how they are created and their effect. Security over choses...
What is a 'capital call facility'?A capital call facility is a form of finance provided by a lender to a fund and typically secured against investors’...
Subordination is a way of changing the priority of claims against a debtor so that one creditor or group of creditors (the junior creditor(s)) agree...
In many commercial finance transactions, lenders expect to be given some form of credit support to increase their confidence in being able to recover...
Coronavirus (COVID-19): The ICC has issued a guidance paper on the impact of COVID-19 on trade finance transactions issued subject to ICC rules. For...
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...
Commodity repurchases (repos) are a common alternative method of financing. There are a number of advantages for both the financier and a commercial...
In order for a secured lender to appoint, ordinarily, an event of default has to have occurred under the terms of the loan facility and/or associated...
Roles, powers and duties of administratorsThe core of an administrator's role is to achieve one of the three purposes of the administration set out in...
What is a negative pledge?A negative pledge is a contractual undertaking which prohibits or restricts the party granting the undertaking from creating...
Creating the securityThere are two elements to this Q&A. Firstly, can the director create security over the shares and loan notes they own in/from the...
This Q&A considers the issues that a lender faces if it requests new security for both new and existing loans as a condition to the advance of further...
This Q&A describes the remedy of appropriation conferred upon a security holder of shares by the Financial Collateral Arrangements (No 2) Regulations...
Sign-in
Help
In-house
