Coronavirus (COVID-19)—implications for lending transactions
Coronavirus (COVID-19)—implications for lending transactions

The following Banking & Finance practice note provides comprehensive and up to date legal information covering:

  • Coronavirus (COVID-19)—implications for lending transactions
  • Coronavirus (COVID-19)
  • Specialist financing transactions
  • What are the implications for borrowers and lenders of the government and regulators’ response to coronavirus (COVID-19)?
  • Government response—financial assistance
  • BBLS, CBILS, CLBILS and RLS—guarantee and security considerations
  • Coronavirus Large Business Interruption Loan Scheme (CLBILS)—intercreditor considerations
  • Government response—accounts and reporting
  • Government response—changes to insolvency law
  • Regulatory response—PRA and FCA
  • More...

Coronavirus (COVID-19)—implications for lending transactions

Coronavirus (COVID-19)

Lawyers across the world are currently grappling with many common areas of concern in connection with the coronavirus (COVID-19) pandemic. The Coronavirus (COVID-19) toolkit has been created to assist lawyers with easy access to news, practical guidance and Q&As from across a number of practice areas that relate to these key areas of concern. In addition to coronavirus-specific content, the toolkit also highlights additional guidance and support materials of general relevance to each of these areas.

There are a number of areas that are particularly relevant to banking and finance lawyers. For more detail and analysis on these, see Practice Note: Coronavirus (COVID-19) implications for Banking & Finance lawyers, which is updated regularly with news, practical guidance and analysis covering the impact of COVID-19 developments.

This Practice Note focuses on government and regulatory responses to the pandemic from a lending perspective, implications for facility agreements, both from a borrower and lender perspective, and various practical implications in relation to deal execution.

We have put together a set of COVID-19 FAQs, which comprise a number of questions that might arise on a lending transactions during the crisis. We add to the list on a regular basis. To access the list, see Practice Note: Coronavirus (COVID-19)—Banking & Finance frequently asked questions.

Specialist financing transactions

This Practice Note provides an overview of general issues to consider on

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