11 Apr 2023
New Video! Investment Grade vs. Leveraged Loans
Be sure to watch this video when planning a financing transaction! It provides an overview of two segments of the loan market: investment grade loans and leveraged loans. Investment grade loans represent the safest segment of the loan market for lenders. On the opposite end of the spectrum are leveraged loans, which represent the highest risk segment of the loan market.
Related Content
- Affirmative, Negative, and Financial Covenants
Review this practice note to understand covenants found in credit agreements (i.e., promises made by the borrower to take certain actions, or to refrain from certain actions, during the life of the loans), along with the processes by which loan parties are captured, or not, by those covenants.
- Finance Fundamentals Resource Kit
Check out this resource kit providing an overview of a financing transaction. This broad index encompasses all aspects of the financing, from negotiation of commitment papers to the documentation of the loan documents to closing and post-closing mechanics.
- Financial Covenants and EBITDA Calculations in Credit Agreements
Read this practice note to understand the use of financial covenants in credit agreements, which require the borrower to comply with negotiated financial performance benchmarks. It also discusses how EBITDA is defined in a credit agreement.
Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.
- Bank Failure Resource Kit assembles Practical Guidance resources covering topics related to the recent bank failures.
- Market Standards—Finance
- Silicon Valley Bank Collapse: Client Alert Digest
- Demand Guarantee to Secure Payment Clause (General Contract)
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- Standby Letter of Credit to Secure Payment Clause (General Contract)
- Minutes of the Board of Managers (Borrower) (Manager-Managed LLC) (Lending)
- Minutes of the Board of Managers (Parent Guarantor) (Manager-Managed LLC) (Lending)
- Social Bonds
- Agent Disclaimer of Liability (Long Form)
- Agent Disclaimer of Liability (Short Form)
- Debt Securities and Syndicated Loans Video
- Investment Grade vs. Leveraged Loans Documentation Video
- Insurance Issues in Financing Transactions Video
- Repayment and Prepayment Provisions in Credit Agreements Video
- The Practical Guidance Journal Climate Change Special Edition features guidance on insuring for climate change, renewable energy initiatives, and a guide for public and private projects related to sea level rise.
- Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
- Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
- Check out the new Practical Guidance Author Center! Learn about the 1750+ leading attorney authors contributing to our 22 practice areas and find out how you can Become a Practical Guidance Author.
- Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
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