New Video: Letter of Credit Facilities in Financing Transactions

Watch this video providing an overview of letters of credit in financing transactions. Borrowers routinely make use of letters of credit in their operations, and the capacity to apply for these instruments may be incorporated into a sub-facility of a revolving credit facility.

READ NOW »

Related Content

• Letter of Credit Resource Kit
  Check out this resource kit providing an overview of letters of credit in financing transactions.

• Letter of Credit Clauses (Credit Agreement)
  Take a look at these sample clauses that are usually contained in Article II of a credit agreement in a typical syndicated loan transaction. These clauses include practical guidance, drafting notes, and optional clauses.

• Letters of Credit: Purpose and Types
  Read this practice note discussing the purposes and types of letters of credit. In many business transactions, parties will look for certainty that payments will be made as agreed. One means of increasing payment certainty is for the payor to secure a letter of credit from a financial institution (usually a bank) for the benefit of the payee.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• Market Standards—Finance
• Amendments in Credit Agreements Video
• Promissory Notes Video
• Waiver and Consent Requests Video
• Project Finance Overview Video
• Public Private Partnerships Video
• SBA Loans
• Market Trends 2021/22: Asset-Based Lending
• Market Trends 2021/22: Amend and Extend Provisions
• Listen Up! The Practical Guidance Podcast 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 1500+ leading attorney authors contributing to our 21 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.  

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+