The Backbone of Syndicated Credit: Administrative and Collateral Agents Explained

Agents play a critical role in a syndicated credit facility. Discover how these key players navigate negotiations, manage syndicates, and ensure smooth transactions. Don't miss out on insights that could enhance your practice and client outcomes!

Read now »

Related Content

• Credit Agreement Resource Kit
  Access the resources you need to know about credit agreements. This resource kit includes Practical Guidance materials on drafting and negotiating credit agreements and different sources of debt financing, including detailed practice notes, templates, and checklists.

• Agency Clauses
  Use these agency clauses in a credit agreement. These clauses are used to describe the rights of the administrative agent and other agents in a syndicated loan transaction.

• Mechanics of Loan Syndication
  Read this practice note describing the advantages of and process for entering into a loan facility with a syndicate of financial institutions.

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

• Market Standards—Finance
• Artificial Intelligence (AI) Provisions in Credit Agreements Tracker
• Using Artificial Intelligence (AI) in Finance
• Market Trends 2024/25: Refinancing Amendment Provisions
• Market Trends 2024: Most Favored Nation Clauses in Incremental Facilities
• The Future of LMTs After Serta: Client Alert Digest
• Letter of Credit Transaction Structure Diagram
• Series A Preferred Stock Term Sheet (Mezzanine Financing)
• Financial Reporting Covenant (Mezzanine Loan Agreement) (Commercial Real Estate)
• New! Discover Practical Guidance Content and Resources
  Read  this update to see the newest additions to Practical Guidance. This guide is designed to help you find the tools and insights you need to work more efficiently and effectively.
• Bank Failure Resource Kit assembles Practical Guidance resources covering topics related to bank failures.
• The Practical Guidance Journal 2025 Edition One features guidance on what attorneys need to know about deepfake technology, a look ahead at AI risk management, an artificial intelligence checklist, and a review of cautions and key AI legal issues in DEI and employment discrimination.
• 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, 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.
• Browse the Practical Guidance Author Center to see the 2000+ leading attorney authors contributing to our 26 practice areas. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.   
• Sustainability-Linked Loans Tracker is a frequently updated tracker identifying and analyzing select new publicly filed sustainability-linked loans.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

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

Experience Lexis+

Review these newsletters to preview Practical Guidance coverage of recent legal developments in your practice area.

Practical Guidance customers who are logged in will be directed to the full linked content.

Not yet a Practical Guidance Subscriber? Sign up for a FREE seven-day trial here to access summaries of the linked content and gain access to full coverage during your trial.