First-Out Revolvers: Overview | Practical Law
https://content.next.westlaw.com/practical-law/document/I03f4dad3eee311e28578f7ccc38dcbee/First-Out-Revolvers-Overview?viewType=FullText&transitionType=Default&contextData=(sc.Default)
This resource reviews the structure, loan document provisions and key issues in "first-out" revolving credit facilities.
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First-Out Revolvers: Overview
Practical Law Article 2-520-7344
(Approx. 10 pages)
First-Out Revolvers: Overview
by Marc Hanrahan and Jerome McCluskey, Milbank, Tweed, Hadley & McCloy, LLP, with Practical Law Finance
Related Content
Law stated as of 04 Nov 2020
•
USA (National/Federal)
This resource reviews the structure, loan document provisions and key issues in "first-out" revolving credit facilities.