Security agent

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Borrowing and lending - documentation - security - secured syndicated lending.

In secured lending, a security agent is an agent that holds security assets on behalf of a lender, or a syndicate of lenders.


More parties in loan agreements
"Additional parties may need to be added [to facility agreements] in practice depending on the nature of the facilities, for example:
  • Secured syndicated facilities, for example, require the appointment of a security agent to hold the security assets on behalf of the Lenders.
  • Sustainability-linked Loans may involve the appointment of a Sustainability Co-ordinator which (if its role extends beyond signing) will also be a party to the agreement."
The ACT Borrower’s Guide to the LMA’s Investment Grade Agreements - 2022 - p116.


See also


Other resource