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/
Related
Microsoft made a huge gaming move on Monday with its $7.5 billion acquisition of ZeniMax Media, the ...
Read More >
In a unanimous decision, the U.S. Supreme Court ruled that Title VII’s charge-filing precondition t...
Read More >
The current environment for healthcare transactions is fiercely competitive with high prices, tough ...
Read More >
On July 3, 2020, the Department of Justice (“DOJ”) and the Securities and Exchange Commission (“S...
Read More >
At the end of 2019, Coty Inc. (“Coty”) expanded its brand portfolio by closing a notable $600 mill...
Read More >
New Jersey is the nation’s most densely populated state and it has a transit system that can boast ...
Read More >