As part of a co-ordinated outreach exercise on behalf of their members, the LMA and the ELFA have sought to identify issues faced by the investor community with regard to term sheet sufficiency. The publication of this guidance paper is a result of that collaborative work, with invaluable input from respective LMA and ELFA working...
BEST PRACTICE GUIDE FOR TERM SHEET COMPLETENESS INTRODUCTION The provision of a term sheet to prospective participants in a syndicated loan transaction is a well-established and key component of the primary syndication phase of any deal. Together with financial and other due diligence, the term sheet should assist the analyst in forming a robust view...
