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Read this new practice note discussing current market trends in publicly filed financing commitment letters from the second half of 2023 and the first half of 2024. This practice note examines some of the key provisions contained in commitment letters...

Watch this new video providing an overview of the key considerations in credit agreements related to potential liabilities under the Employee Retirement Income Security Act of 1974 (ERISA). This video discusses controlled group liability concerns as they...

Read this recently updated practice note by M. Shams Billah, Barnes & Thornburg LLP, discussing the background and benefits of private credit transactions as compared to public credit, as well as best practices for approaching the private credit market...

Watch this new video explaining how to draft and negotiate covenants, representations and warranties, and remedies provisions in a security agreement. These provisions must be drafted to ensure that the secured parties maintain a continuing perfected...

Watch this new video providing an overview of leveraged dividend recapitalizations, in which a company incurs debt and uses those proceeds to pay a dividend to its shareholders or to repurchase its outstanding shares. VIEW NOW » Related Content...

Read this new practice note discussing blue bonds. Blue bonds are any type of bond instrument where the proceeds are exclusively applied to finance or re-finance, in part or in full, new and/or existing blue projects that promote sustainable use of maritime...

Watch this new video discussing certain structuring issues in the context of acquisition financings, including collateral security, intercreditor, and bankruptcy issues. While these issues are not unique to acquisition financings, there are certain aspects...

Read this practice note discussing current market trends in publicly filed commitment letter term sheet provisions from the second half of 2023 to the first half of 2024. This practice note examines some of the key provisions contained in commitment letter...

Check out our new payment-in-kind (PIK) clauses for use in a syndicated or bilateral credit agreement. PIK refers to a loan where the borrower is allowed to make interest payments in forms other than cash. PIK financing is commonly found in leveraged...

Check out this new resource kit providing an overview of sustainable finance and environmental, social, and governance (ESG) reporting, disclosure, and regulatory issues. This resource kit includes Practical Guidance content on these issues, including...

Watch this new video explaining credit rating agencies, which provide an objective and analytical opinion on the risk of payment defaults by looking at various factors that help investors decide whether to invest in loans or securities. Read now »...

Make sure you are up to date on the latest trends in asset-based lending in the U.S. loan market. Asset-based loans (sometimes referred to as ABLs) are used by a wide variety of businesses, both in terms of size and credit quality, and may also be used...

Read this practice note by Michelle L. Iodice, Proskauer Rose LLP, outlining the evolution of the private credit and unitranche markets. This note provides a comprehensive overview of the unitranche financing structure and recent market trends. It includes...

Read this practice note by Michelle L. Iodice, Proskauer Rose LLP, outlining the evolution of the private credit and unitranche markets. This note provides a comprehensive overview of the unitranche financing structure and recent market trends. It includes...

Watch this new video providing an overview of second lien debt, an increasingly preferred form of junior financing as compared with unsecured debt, subordinated mezzanine debt, or unsecured high yield debt. Read now » Related Content Finance...

Watch this new video providing an overview of second lien debt, which is an increasingly preferred form of junior financing, as compared with unsecured debt, subordinated mezzanine debt, or unsecured high yield debt. Watch now » Related Content...

Anti-hoarding provisions limit a borrower’s ability to stockpile cash under its revolving line of credit to shore up liquidity in the event of an economic downturn in the oil and gas market. While the use of these provisions has declined in recent...

Check out this new practice note discussing recent market trends in reserve-based loans (RBLs) in the oil and gas industry. The data analyzed in this practice note was obtained using Market Standards , Practical Guidance’s searchable database of...

Interested in learning about recent trends in telecommunication financing? Read this new practice note discussing trends in notable provisions in publicly-filed credit agreements for companies operating in the telecommunications industry, including industry...

Watch this new video discussing factoring, which is a type of financing transaction where accounts receivable (sometimes referred to as accounts or receivables) are sold by the company that originates the accounts to a third party for cash. This allows...

The Dodd-Frank Act mandates that large banking organizations and certain other firms periodically submit a resolution plan (living will) describing the strategy for resolving the company in a rapid and orderly manner in the event of material distress...

This new practice note discusses recent market trends in publicly filed covenant-lite credit agreements. The data analyzed in this practice note was obtained using Market Standards , Practical Guidance’s searchable database of publicly filed credit...

Watch this new video describing the key characteristics of floor plan financing, where the floor plan lender provides the dealer with a revolving line of credit under which the lender makes advances against specific items of inventory. Watch now »...

Read this new practice note by attorneys at Dechert LLP discussing the latest trends in collateralized fund obligation transactions (CFOs). CFOs have attracted increased interest in the past few years as a method for financing equity interests in private...

Check out our Finance Fundamentals Resource Kit today! This resource kit provides an overview of a financing transaction from the negotiation of commitment papers to the documentation of the loan documents to closing and post-closing mechanics. Read...