Cross border security

Secured lending—cross border guide

The Cross border security subtopic contains a guide to loans and secure financing in 13 different jurisdictions. The guide is presented in a Q&A format. In relation to security and guarantees, it includes information on:

1. •

   the entities in an organisational structure which typically provide collateral and guarantee support for bank loan financings

2. •

   the types of obligations which typically share with bank loan obligations in the collateral and guarantee support

3. •

   the categories of assets that are commonly pledged to secure bank loan facilities

4. •

   the method of creating or attaching a security interest on the main categories of assets

5. •

   steps necessary to perfect security and the consequences of failing to take those steps

6. •

   whether security interests can extend to future-acquired assets and be used to secured future-incurred obligations

7. •

   any defences a guarantor may have against claims for non-fulfilment of guarantee obligations

8. •

   whether any parallel debt or similar requirements are applicable in a secured bank loan financing