{"product_id":"the-lstas-complete-credit-agreement-guide-9781259644863","title":"The LSTA's Complete Credit Agreement Guide","description":"\u003cp\u003e\u003cstrong\u003eThe definitive guide for navigating today's credit agreements\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003eToday's syndicated loan market and underlying credit agreements are far more complex than ever. Since the global financial crisis, the art of corporate loan syndications, loan trading, and investing in this asset class have changed dramatically. Lenders are more diverse, borrowers more demanding, and regulations more stringent. Consequently, the credit agreement has evolved, incorporating many new provisions and a host of revisions to existing ones. \u003c\/p\u003e\u003cp\u003e\u003cem\u003eThe LSTA's Complete Credit Agreement Guide\u003c\/em\u003e brings you up to speed on today's credit agreements and helps you navigate these complex instruments. This comprehensive guide has been fully updated to address seven years of major change--which has all but transformed the loan market as we knew it. It provides everything you need to address these new developments, including what to look for in large sponsor-driven deals, the rise of \"covenant lite\" agreements for corporate borrowers seeking fewer covenant restrictions, Yankee Loans, other products resulting from globalization, and other product developments driven by the diversification of the investor class.\u003c\/p\u003e\u003cp\u003eYou'll benefit from the authors' in-depth coverage of all the nuances of today's credit agreements, as well as their tips on how to protect your loan, manage defaults, and navigate cross-border deals. This reliable guide covers: \u003c\/p\u003e\u003cp\u003eo Commitments, Loans, and Letters of Credit\u003cbr\u003eo Interest and Fees\u003cbr\u003eo Amortization and Maturity\u003cbr\u003eo Conditions Precedent\u003cbr\u003eo Representations\u003cbr\u003eo Covenants\u003cbr\u003eo Guarantees and Security\u003cbr\u003eo Defaults and Enforcement\u003cbr\u003eo Interlender, Voting, and Agency issues\u003cbr\u003eo Defaulting Lenders\u003cbr\u003eo Assignments, Participations, and Disqualified Lender ListsBorrower Rights \u003cbr\u003eo Regulatory Developments\u003c\/p\u003e\u003cp\u003eStructuring and managing credit agreements has always been a difficult process - but now it's more complicated than ever. Whether you work for a company that borrows money in the syndicated loan market or for a bank, a hedge fund, pension fund, insurance company, or other financial institution, the LSTA's Complete Credit Agreement Guide puts you ahead of the curve of today's credit landscape. \u003cbr\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cstrong\u003eJerome McCluskey \u003c\/strong\u003eis a partner in the New York office of Milbank, Tweed, Hadley \u0026amp; McCloy and a member of the firm's Leveraged Finance Group. He has extensive experience advising clients on domestic and crossborder financing transactions, including leveraged buyouts, recapitalizations, bridge and mezzanine financings, and DIP and exit facility financings. McCluskey is a member of the Commercial Law and Uniform State Laws Committee of the Association of the Bar of the City of New York.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eMichael Bellucci \u003c\/strong\u003eis a partner in the New York office of Milbank, Tweed, Hadley \u0026amp; McCloy and a member of the firm's Leveraged Finance Group. His practice centers on bank financing and other financing matters. His clients include US and foreign banks and institutional lenders, investment advisors, and US and foreign borrowers and financial sponsors. He has extensive experience across a wide range of industries in domestic and international financing transactions.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cbr\u003e","brand":"McGraw-Hill Companies","offers":[{"title":"Default Title","offer_id":50901695136018,"sku":"9781259644863","price":130.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_ff34722b-06d2-41bb-b857-05984e392c5f.jpg?v=1738435784","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-lstas-complete-credit-agreement-guide-9781259644863","provider":"Surprise Castle","version":"1.0","type":"link"}