Commercial Loan Documentation

Beginning with an overview of the commercial enterprises, the lending process and the objectives and needs of the parties involved, the text then covers the entire loan process - interviewing, credit investigation, structuring, negotiation, documentation, resolution and monitoring. Updated to cover the current economic, regulatory and competitive development it also includes a case study and an expanded section on the latest corporate structures.

A detailed study of the terms of international loan documentation with comprehensive explanations of the purpose of the provisions and of areas which may require negotiation and with an emphasis on the wording of the Loan Market Association documents. This work covers term loans and revolving credits and includes comparisons of the provisions required for investment grade borrowers, special purpose entities and asset and project based credit risks. It includes discussion of security, due diligence and legal opinions as well as Appendices explaining key issues of English law such as trusts and fiduciary duties; and a glossary of expressions commonly used in this area. The book thus provides a highly practical and comprehensive resource for bankers and lawyers, at all levels of experience, involved in international lending.