Borrowers often request waivers and/or consents when circumstances have changed in a more temporary way than would warrant an amendment to the credit agreement. Watch this video covering the common types of consent and waiver requests made by borrowers, conditions...
Review this practice note discussing benchmark rate floor provisions, including current market trends in publicly filed credit agreements and commitment letters through August 31, 2022. Lenders tended to increase interest rate floor percentages in 2020 during the...
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...
Do you need to know the latest and greatest on amend and extend provisions in credit agreements? Review this Market Trends practice note to gain insights on current market trends in amend and extend provisions found in publicly filed credit agreements from the...
Looking to properly secure your client’s security interests in collateral? Doing so will make sure your client is properly perfected. Review this resource kit providing an overview of the creation, perfection, and priority of security interests under the...
Project finance transactions are complex. They involve financing large-scale projects based on revenue to be generated by the future operation of a project, rather than the underlying value of the project or the credit of the developer of the project. Check out...
Follow developments in the asset-based lending (ABL) market by reviewing this practice note, which provides an overview of asset-based lending in the U.S. loan market and discusses current market trends in publicly filed asset-based loan agreements since the last...
This short video provides an overview of promissory notes and the terms that should be included in to make them enforceable and complete. Watch Now » Related Content Promissory Notes (Construction Loan) Read this practice note providing an overview...
FATCA represents an effort by the United States to tackle perceived tax evasion by U.S. citizens that hide their investments in accounts in financial institutions based outside the United States. Review this practice note on FATCA so you can counsel your clients...
Watch this video, which provides attorneys with best practices to understand a loan transaction, including the documents and parties involved in any given transaction. Watch now » Related Content Credit Agreement Resource Kit Check out this resource...
Are you working with a borrower to draft a credit agreement? Use this easy-to-follow checklist of items you should consider in preparing a checklist for a borrower to comply with requirements in a loan transaction. READ NOW » Related Content Affirmative...
Check out our foreign benchmark rate loans tracker that identifies select new publicly-filed loans with interest rates based on foreign benchmark interest rates. The data analyzed in this tracker was obtained using Market Standards , which contains over 3,600 publicly...
Make sure you are up to date on the latest trends in credit agreements for public utilities. This practice note discusses current market trends in publicly filed credit agreements for public utilities from the second half of 2021 and the first half of 2022. The...
Check out our credit spread adjustment tracker that identifies certain key benchmark rate terms in new publicly filed loans, including credit spread adjustments for SOFR loans. This new tracker is based on publicly filed credit agreements available on Market Standards...
Get all the guidance, templates, and clauses you need for cross-border loan financings. This resource kit provides an overview of these international deals encompassing a variety of structures, including loans to non-U.S. borrowers and guarantees or security interests...