01Jul
Longer and longer: the ever lengthening loan agreement
Leveraged loan agreements form key aspects of capital structures, balancing lender protection against allowing the borrower to run its business according to its business plan. In recent times, the length of such loan agreements has increased substantially, and White & Case investigates the reasons behind this. The statistics - To provide some context, consider the following. The current LMA-form senior multicurrency term and revolving facilities agreement for leveraged acquisition finance...
By:
White & Case LLP
Source Url: https://www.jdsupra.com/legalnews/longer-and-longer-the-ever-lengthening-53658/
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