International Loans ,Bonds, Guarantees

This volume sets out the legal rules, at a domestic and international level, for the administration of debt finance. The principles underlying syndicated loans and bond issues are explained, alongside two common prerequisites to the advancement of a loan or bond issue: the guarantee and the closing legal opinion.

Features:

• Provides a comparative overview of the laws in the key jurisdictions of the world
• Explains the law and practice in each area including:
• Syndicated bank credit agreements and loan transfers
• International bond issues including equity-linked
• Bonds, note programmes and high yield notes
• Bondholder trustees and collective action clauses
• Bank guarantees, standby letters of credit and comfort letters
• Formal transaction legal opinions
• Gives structure outlines for guarantees and legal opinions
• Features extensive snapshot precedents to help facilitate drafting