What the matter
actually requires.
The financing agreement must reflect the transaction it funds. We consider drawdown conditions, repayment sources, security, guarantees and the consequences of an event of default together.
For lenders and borrowers, we review enforceability, covenant design, intercreditor issues, negative pledges and the allocation of exposure among sponsors, operating entities and assets.
Financing advice is most useful when it identifies which protections are necessary and which restrictions could undermine the underlying business.
THE QUESTION WE HELP YOU ADDRESS
Does the security and covenant package protect the lending decision?