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Bank Leveraged Lending: Guideline or Rule?

USA - April 11 2017 Banks have been dealing with the Interagency Guidance on Leveraged Lending since 2013. When first announced jointly by The Office of the Comptroller…

Subscription lenders - beware of investor opt-out

USA - July 30 2015 Subscription lenders to a private equity fund base their credit decisions on the quality of the fund's investors whose capital commitments to the…

Peter G. Seiden

New LIBOR administrator and credit documentation

United Kingdom - March 13 2014 ICE Benchmark Administration Limited (ICE) has assumed responsibility for administering the London Inter Bank Offered Rate (LIBOR) as of February 1…

Peter G. Seiden

2013 Recap: Changes in LIBOR that could affect the agreements concerning your financial transactions

United Kingdom, USA - December 16 2013 2013 saw a number of changes to LIBOR, the key interest rate benchmark that is used in a range of financial transactions. These changes have already…

John Oberdorf