Over the past few years borrowers have used aggressive and controversial distressed liability management techniques like “dropdown” (J. Crew) or “uptiering” (Serta Simmons) structures.  In this webinar lawyers from Davis Polk dive deeply explained how they work.

Topics included:

  • Overview of recent distressed liability management techniques
  • Case studies in drop down transactions from J. Crew to Travel Port
  • Case studies in up tiering transactions from NYDJ to Serta
  • Takeaways for the loan market and documentary considerations

EVENT DETAILS

Tuesday, September 29, 2020
4PM to 5:15PM (ET)|Webcast Only
Presentation & Replay|Available Now|Scroll Down To View
1.5 CLE Credit|Available for NYS Transitional and Non-Transitional

SPEAKERS

  • Meyer Dworkin, Partner, Davis Polk & Wardwell LLP
  • Jason Kyrwood, Partner, Davis Polk & Wardwell LLP
  • Bridget Marsh, EVP & Deputy General Counsel, LSTA, Moderator
  • Brian Resnick, Davis Polk & Wardwell LLP
  • Ken Steinberg, Davis Polk & Wardwell LLP
Recent Distressed (Sept 29th)

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:

3Q20 Secondary Trade Data Study Preview

LSTA secondary loan trading volume increased 19% in September, to a three-month high $57B; this stands in contrast to August’s reading, which came in at…

LIBOR’s Death & Taxes

Some say only two things in life are guaranteed: death and taxes. But I say there are actually three: death, taxes, and the end of…