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PLC Canada Published Today Joint Piece on CBA and LSTA MCAPs

September 20, 2017 - LSTA’s Bridget Marsh and Practical Law Canada Finance’s Lydia Salvi together have authored a note explaining the Model Credit Agreement Provisions published by the LSTA and those published by the Canadian Bankers Association, an association founded in Montreal in 1891 whose members are the domestic banks and foreign bank subsidiaries and branches operating in Canada.  Both sets of provisions are commonly used in syndicated loan transactions in their respective markets. The note describes each of these sets of model provisions in detail, explaining what is, and what is not, included in these provisions.

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