Take our newly updated bilateral credit agreement for a test ride. This form incorporates the latest legal and market concepts, such as LIBOR transition. The agreement provides for both revolving and term loans (with provisions to obtain letters of credit) and...
Proceed with caution, especially when securing and perfecting proceeds. Commingling of proceeds from different assets could undermine the overall security interests of your collateral package. Learn about the challenges in perfecting these assets and help ensure...
Maximize your flexibility under an asset-based credit facility. Discover how the level of excess availability may affect certain provisions in a credit agreement and current market trends in publicly filed transactions from 2020. READ NOW » Related Content...
Regulators have announced that the transition away from LIBOR will largely be extended to June 23, 2023, from December 31, 2021. Take advantage of the breathing room to prepare yourself and your clients for the new benchmark, SOFR. This practice note describes...