Head of Banking and Finance, Jonathan Porteous; Partner, Andrew Dodds; and Managing Associate, Matthew Padian have prepared two checklists for leading legal publisher, Practical Law, covering the key points for corporate borrowers to consider when reviewing and negotiating loan facility agreements and when granting security over assets pursuant to a debenture.
Practical Law provides legal know-how for business lawyers, and copies of the two checklists can be downloaded by clicking the links below:
- Negotiating a facility agreement for a corporate borrower: checklist
- Negotiating a debenture for a corporate borrower: checklist
Both checklists provide a useful overview of things for a corporate borrower to take into account when borrowing secured debt. For syndicated loan transactions documented using the Loan Market Association’s template loan documentation, corporate borrowers should also bear in mind the Association of Corporate Treasurers (ACT) Borrower’s Guide to the LMA’s Investment Grade Agreements, an updated version of which was published in September 2017 and is available to be downloaded by ACT members on the ACT website.
For further information, please contact Jonathan Porteous, Head of Banking and Finance, on firstname.lastname@example.org / +44 (0)1483 401233, Andrew Dodds on email@example.com / +44 (0)1483 734265 or Matthew Padian on firstname.lastname@example.org / +44 (0)1483 734278.