The Securities Exchange Commission ("SEC") has, in furtherance of its whistleblower program, taken actions recently that have led to lenders updating the confidentiality sections of credit agreements to allow for the...more
Master-series funds are definitely not on our desks on a daily basis; however, they do arise from time to time, and certainly as transactions are becoming more and more bespoke. Care should be taken by lenders when lending to...more
7/19/2024
/ Capital Markets ,
Financial Institutions ,
Financial Services Industry ,
Financial Transactions ,
Financing ,
Fund Managers ,
Investment Funds ,
Investment Management ,
Lenders ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
Loans ,
Perfected Security Interest ,
Securities
When a borrower submits a request for borrowing in a syndicated credit facility, each lender in the lending group is generally obligated to make its pro rata share of the borrowing available to the administrative agent by a...more
The past six months have been turbulent in the fund finance world. We have seen lenders in the market deal with significant capital constraints, we have seen a small amount of lenders scale back in the fund finance lending...more
Laurie Lawler (Société Générale) did a wonderful job moderating last week’s panel titled “The Evolving Lender Landscape & Impacts on Balance Sheet Management.” The panelists comprised a group of industry experts, including...more