Dechert partnered with Getting the Deal Through and Law Business Research on their annual Market Intelligence Private Equity Guide. The 2020 Guide invites leading practitioners to reflect on evolving legal and regulatory...more
Whilst the full scope of the potential impact of COVID-19 for financial covenant calculations and other purposes within loan agreements can only properly be assessed on a deal-by-deal basis, it is still possible to identify...more
As the COVID-19 coronavirus pandemic spreads further around the world, the full impact of the virus on businesses remains to be seen.
For some industries (travel, hospitality, retail, health and leisure) the immediate loss...more
Whilst the world reels from the impact of the COVID-19 coronavirus and rightly focuses on preserving lives, many businesses will nevertheless need at the same time to fight to stay afloat as the repercussions of the virus hit...more
As M&A practitioners who do deals in Europe as well as in the U.S. know, the certainty of banking commitments is stronger as a rule in Europe than in the U.S. So much so that, given the choice, it can be a factor in the...more
4/6/2018
/ Acquisitions ,
Buyers ,
Contract Negotiations ,
Covenant of Good Faith and Fair Dealing ,
EU ,
Financial Transactions ,
Funding ,
International Banks ,
Mergers ,
Private Equity ,
Sellers ,
Takeover Code ,
UK
Subscription credit facilities, or subscription lines, are typically revolving credit facilities secured on the capital commitments of investors. Interest rates on subscription lines are often similar to those for first lien...more