Description
Book SynopsisThe definitive guide for navigating todayâs credit agreements
Todayâs syndicated loan market and underlying credit agreements are far more complex than ever. Since the global financial crisis, the art of corporate loan syndications, loan trading, and investing in this asset class have changed dramatically. Lenders are more diverse, borrowers more demanding, and regulations more stringent. Consequently, the credit agreement has evolved, incorporating many new provisions and a host of revisions to existing ones.
The LSTAâs Complete Credit Agreement Guide brings you up to speed on todayâs credit agreements and helps you navigate these complex instruments. This comprehensive guide has been fully updated to address seven years of major changeâwhich has all but transformed the loan market as we knew it. It provides everything you need to address these new developments, including what to look for in large sponsor-driven d
Table of Contents
Preface
Chapter 1: The Credit Agreement
Chapter 2: Commitments, Loans, and Letters of Credit
Chapter 3: Interest and Fees
Chapter 4: Amortization and Maturity
Chapter 5: Conditions Precedent
Chapter 6: Representations
Chapter 7: Covenants
Chapter 8: Guarantees and Security
Chapter 9: Defaults and Enforcement
Chapter 10: Interlender, Voting and Agency Issues; Defaulting Lenders
Chapter 11: Assignments and Participations
Chapter 12: The Boilerplate
Chapter 13: Borrower Rights
Chapter 14: Regulatory Developments
Appendix I Table of Authorities
Appendix II LSTA Model Credit Agreement Provisions
Appendix III LSTA Form of Contractual Recognition Provision
Index
