Practical Law - Finance Fundamentals Liability Management Transactions

An overview of liability management transactions, including drop-down financings and uptiering transactions. This Note includes information about the structures, the implicated loan agreement provisions, and loan agreement blocker language. It also includes a discussion of double-dip transactions.


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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…