A Practitioner’s Guide to Syndicated Lending, 2nd Edition

Cleary Gottlieb lawyers from our Abu Dhabi, Brussels, Frankfurt, Hong Kong, London, Milan, New York, and Paris offices contributed to the 2nd Edition of A Practitioner’s Guide to Syndicated Lending.

The book explores the following topics:

• Getting Started - Why Use a Syndicated Loan?
• Basic Principles of Syndicated Lending: Financing Through the Risk Spectrum
• Capital Adequacy and Bank Supervision
• Enhancing the Credit
• Interactions with other Creditors: Subordination and Intercreditor Arrangements
• Adding Bells and Whistles - Letters of Credit and Other Facility Types
• Agreeing the Business Deal
• How to Sell the Deal
• When do the Lenders have to Lend
• Making the Loan – the Theory and Mechanics of Syndicated Lending
• Trading the Loans and Commitments
• Protecting the Credit without Strangling the Business
• When Can the Lenders Get Their Money Back and What If They Don’t Want It?
• Syndicate Democracy in Good Times and Bad
• Defaults and Restructurings: What Happens When it All Goes Wrong
• Variations on a Theme: Key Issues in Different European Jurisdictions (France, Germany, Italy)
• How Things are Different Outside Europe: USA/Asia
• The Future as it looked in 2009; The Future as it looks in 2017

To learn more about A Practitioner’s Guide to Syndicated Lending, click here.