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Growing Interest in Utilising Equity Commitment Letters in the Context of Sponsor Margin Loans

Equity Commitment Letters (ECL) are legal documents pursuant to which one party (typically the main fund or multiple funds managed by the sponsor) (the ECL Provider) commits to providing a certain amount of capital, usually...more

Innovation in Financing: Where Are We Seeing Growth?

Meanwhile, cash-strapped biotechs have in many cases been forced to leverage relationships with big pharma to address liquidity. Cash is king in a financing environment such as we have observed over the last 18 months, and...more

International News Spotlight on Private Equity with Aymen Mahmoud [Video]

The challenges facing traditional banks over the last 12 months have proved to be golden opportunities for private lending. Aymen Mahmoud has more on private equity and private credit. ...more

[Virtual Event] HPE Europe 2021 - June 23rd - 24th, 12:20 pm - 1:30 pm GMT

This year, recognising that as we are still unable to meet in person, our HPE Europe EVENT will be going ahead with two exclusive, virtual extended lunch time sessions. We will be joined by investors including key players...more

First-Out, Last-Out: Still Trending?

First-Out, Last-Out structures (FOLO), traditionally a key feature of the European mid-market space, seem to have experienced a gradual decline in some markets – whether because of an inadequate return profile or due to a...more

Special Situations and the UK Corporate Insolvency and Governance Act

The enacted Corporate Insolvency and Governance Act (the Act) introduces three permanent reforms to the existing insolvency legislation and certain temporary measures designed to address the immediate impact of COVID-19 on UK...more

European Financing Dynamics in the Second Half of 2020

Although companies across many sectors felt the impact of the Coronavirus (COVID-19) pandemic immediately, the true effects and likely impact will not be seen until later this quarter and beyond. Whilst some companies have...more

Debt Buybacks: What You Need to Know

The Coronavirus (COVID-19) pandemic has not been in play long enough for market participants to properly assess its long-term impact. In the short term, however, the pandemic continues to affect the markets, with many loans...more

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