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Practical Law - Unitranche Loan Financing
This note discusses unitranche loans, describes their characteristics and uses and considers the principle advantages for a borrower of this type of financing. It includes example Agreements Among Lenders.
Practical Law - Covenant-Lite Loans: Overview
This Note explains the typical features of covenant-lite loans and examines the benefits and drawbacks of covenant-lite loans for borrowers and lenders.
Practical Law - Commitment Letters Overview: Lending
An introduction to commitment letters issued by lenders to borrowers, including the terms contained in commitment letters on which the lenders are prepared to undertake to arrange the financing and make loans.
Practical Law - Acquisition Finance Overview
A Practice Note providing an overview of financing an acquisition by debt using a loan from a bank or other financial institution. This Note also gives a description of the methods of acquiring a business through an asset acquisition, stock acquisition, or merger.
Practical Law - Expert Q&A LIBOR Replacement and the Secured Overnight Financing Rate (SOFR)
An expert Q&A with Meredith Coffey of Loan Syndications and Trading Association (LSTA) on issues and considerations related to benchmark reform in the US and the replacement of USD LIBOR with the Secured Overnight Financing Rate (SOFR).
Practical Law - Expert Q&A on Cannabis Financing
An expert Q&A with Matthew Kittay, Fox Rothschild LLP, on the challenges and opportunities for cannabis financiers.
Practical Law - Current Trends in 2020 Amendments
A survey and discussion of 2020 trends in credit agreement amendments relating to the QFC Stay Rules, Beneficial Ownership Regulation, Delaware law amendments for LLC divisions, bail-in rules, LIBOR replacement, and electronic execution. This analysis is based on publicly filed credit agreement amendments that were executed in 2020.
Practical Law - Current Trends in LIBOR Successor Rate Provisions
This article examines LIBOR successor rate provisions in recently filed credit agreements contained in Practical Law What’s Market.
Practical Law - What's Market 2020 Year-End Trends in Large Cap and Middle Market Loans
A review of trends in large cap and middle market loan terms in 2020.