Designated Lender Counsel Arrangements | Practical Law

Designated Lender Counsel Arrangements | Practical Law

This Note provides an overview of the designated lender counsel arrangement in certain large debt issuances in which the debt arrangers’ counsel is chosen by the issuer or equity sponsor, rather than by the debt arrangers themselves, in an effort to increase efficiency and competitiveness.

Designated Lender Counsel Arrangements

Practical Law Article w-003-1062 (Approx. 8 pages)

Designated Lender Counsel Arrangements

by Benjamin Cheng, Paul Hastings LLP, with Practical Law Finance
Published on 18 Aug 2016 • USA (National/Federal)
This Note provides an overview of the designated lender counsel arrangement in certain large debt issuances in which the debt arrangers’ counsel is chosen by the issuer or equity sponsor, rather than by the debt arrangers themselves, in an effort to increase efficiency and competitiveness.