The widespread reach of the Covid-19 outbreak has negatively impacted many industries and hit global financial markets, including the US loan market. Borrowers and lenders should take this opportunity to familiarize themselves with certain provisions of their credit agreements. Our panel discussed the following issues that may arise under credit agreements:

  • Drawdowns under a revolving credit facility
  • MAC provisions
  • Relevant representations and potential penalty for breaches
  • Financial covenants and related definitions
  • Notice requirements

EVENT DETAILS

Wednesday, March 25, 2020
4PM to 5:15PM (ET)|Webcast Only
Presentation & Replay|Now Available|Scroll down
1.5 CLE Credit Hour|Available for New York State Transitional and Non-Transitional – Areas of Professional Practice.

SPEAKERS

  • Michael Chernick, Shearman & Sterling
  • Justin Forlenza, Covenant Review
  • Bridget Marsh, LSTA
  • Joshua Thompson, Shearman & Sterling
  • Tess Virmani, LSTA
CLEwebcast_EmailBanner (October 2019)

Become a Member

Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

View Current Members

Our Partners

cusip-global-services-vector-logo.svgFitch Group logoRefinitiv-(March-2019)SP-Global-Market-Intelligence
Total Results: 

Sort by:

Simple SOFR is Even Simpler

This summer has seen a number of tools added to the LIBOR transition toolbox, such as the Updated ARRC Hardwired Fallback Language (“Hardwired Fallback Language”)…