Arranger: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Mend link.) |
imported>Doug Williamson (Add link.) |
||
| Line 27: | Line 27: | ||
* [[Event of default]] | * [[Event of default]] | ||
* [[Finance party default]] | * [[Finance party default]] | ||
* [[Impaired agent]] | |||
* [[Intermediary]] | * [[Intermediary]] | ||
* [[Investment Grade Agreements]] | * [[Investment Grade Agreements]] | ||
Revision as of 16:41, 25 November 2022
1. Borrowing and lending - syndicated lending.
A bank that organises a lending syndicate.
- Borrowers' rights to prepay
- "Borrowers will note that there is no general right to prepay a defaulting lender...
- However, some borrowers may want the flexibility to prepay rather than have the defaulting lender remain in the syndicate with voting rights which it may or may not exercise.
- This is a point for borrowers to discuss with their arrangers."
- The ACT Borrower’s Guide to the LMA’s Investment Grade Agreements - 6th edition - 2022 - p379.
2.
Any other intermediary that organises a financial transaction.
See also
- Arrangement fee
- Default
- Defaulting lender
- Documentation
- Event of default
- Finance party default
- Impaired agent
- Intermediary
- Investment Grade Agreements
- Lehman provisions
- Loan agreement
- Loan Market Association (LMA)
- Prepayment
- Syndicate
- Transaction
