Loan market turmoil sets parties scrambling to re-read the boilerplate
The last month’s upheavals in the credit markets are “seismic”. And with each new tectonic shift in the world’s financial map, lenders, borrowers, and agent banks have been closely re-reading the “boilerplate” provisions of the typical US credit agreement. The last month’s upheavals in the credit markets are “seismic”. And with each new tectonic shift […]