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It’s Time to Go: Defaulting Lender and “Yank-a-Bank” Provisions

October 24, 2023 (2 min read)

Read this new practice note to understand the recent trends in defaulting lender credit agreement provisions, including yank-a-bank provisions which allow the borrower to replace a lender in the syndicate. The data analyzed in this practice note was obtained using Market Standards, our searchable database of publicly filed credit agreements and commitment letters that enables users to search, compare, and analyze agreements using detailed deal points to filter and search results.

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