Understanding Loan Buybacks | Practical Law

Understanding Loan Buybacks | Practical Law

A discussion of syndicated loan buybacks by borrowers or their affiliates or sponsors in the secondary market, the circumstances under which they arise, typical features of loan buybacks and issues raised under loan agreement provisions. Although most credit agreements entered into after the financial crisis include provisions that allow loan buybacks, this Article discusses the issues that arise under loan agreements that do not contemplate loan buybacks.

Understanding Loan Buybacks

Practical Law Article 7-385-0650 (Approx. 20 pages)

Understanding Loan Buybacks

by Practical Law Finance
Law stated as of 17 Jun 2012USA (National/Federal)
A discussion of syndicated loan buybacks by borrowers or their affiliates or sponsors in the secondary market, the circumstances under which they arise, typical features of loan buybacks and issues raised under loan agreement provisions. Although most credit agreements entered into after the financial crisis include provisions that allow loan buybacks, this Article discusses the issues that arise under loan agreements that do not contemplate loan buybacks.