In 2016, global sponsors and their advisers were successful in continuing to export their experiences from financing transactions in the US leveraged loan and global bond markets to the European leveraged loan market and this...more
4/18/2018
/ Banking Sector ,
Bond Markets ,
Corporate Financing ,
Covenant Lite Deals ,
Debt ,
EBITDA ,
EU ,
Financial Markets ,
Intercreditor Agreements ,
Interest Rates ,
Investors ,
Lenders ,
Leveraged Loans
In 2016, global sponsors and their advisers were successful in continuing to export their experiences from financing transactions in the US leveraged loan and global bond markets to the European leveraged loan market, and...more
Latham Partner James Chesterman explains the term Release Clause from the Book of Jargon® – European Capital Markets and Bank Finance.
The Book of Jargon® – European Capital Markets and Bank Finance is one of a series of...more
At the start of 2016, global sponsors and their advisers are the US leveraged loan and global bond markets to the European leveraged loan market. Healthy investor appetite over the last several years means attractive terms...more
4/27/2016
/ Banking Sector ,
Commercial Bankruptcy ,
Creditors ,
Debt Restructuring ,
Distressed Assets ,
EBITDA ,
EU ,
High Yield Bonds ,
Intercreditor Agreements ,
Leveraged Loans ,
Loan Documentation ,
Third-Party
Recent changes in cross-border leveraged loan documentation requirements open up new possibilities for both borrowers and lenders.
Cross-border leveraged loan documentation has become increasingly permissive with respect...more
10/1/2015
/ Banking Sector ,
Bonds ,
Commercial Bankruptcy ,
Creditors ,
Cross-Border ,
Distressed Debt ,
EBITDA ,
EU ,
Financial Markets ,
Lenders ,
Leveraged Loans ,
Loan Documentation ,
Structured Financial Products ,
Third-Party ,
Third-Party Risk ,
UK
The buoyant leveraged finance market in Europe has been continuing to develop in sophistication and depth this year, particularly as regards sponsor friendly terms, as global sponsors and their advisers apply their...more
7/9/2015
/ Bond Financing ,
Bonds ,
Debt Restructuring ,
EBITDA ,
Equity Financing ,
EU ,
Eurozone ,
Financial Institutions ,
Intercreditor Agreements ,
Investors ,
Leveraged Loans
Hybrid US/European restructurings can lead to unexpected commercial outcomes because of different practices in intercreditor agreements.
The US loan markets continue to attract European borrowers whenever US pricing...more