Loans between institutions continue to be issued and traded, and corporate
lending remains a booming practice. At the core of these activities is the credit
agreement--a complicated document that often acts as an obstacle even to the professionals
and support personnel who work with it every day.
From determining the terms of the agreement to managing defaults, assignments,
and competitive bids, this comprehensive reference tool unlocks the heart and soul of the
loan market for institutional investors and professionals in financial and corporate
lending firms. Operations personnel who are responsible for executing and managing credit
agreements will find it invaluable.
The LSTA's Complete Credit Agreement Guide goes far beyond the fundamentals to provide:
- Unmatched coverage on the nuts and bolts of the credit agreement
- In-depth discussions that include all the nuances of today's global
marketplace
- Insightful explanations that address how to manage situations that go off
course
With The LSTA's Complete Credit Agreement Guide, all the answers are at your
fingertips. Sponsored by the Loan Syndications and Trading Association (LSTA) and written
by the partners at Milbank, Tweed, Hadley & McCloy, it provides a definitive road map
to managing the entire credit agreement process.
Table of Contents
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
CHAPTER 11 ASSIGNMENTS AND PARTICIPATIONS
CHAPTER 12 THE BOILERPLATE
CHAPTER 13 BORROWER RIGHTS
CONCLUSION
400 pages, Hardcover