Be aware you are using the STAGING server.
Filters »
Search
Search
Filters »
Maintaining Revolving Line Availability — Law360
March 27, 2020 | Issue No. 70

A Law360 contributed article reports on some key considerations for maintaining availability of revolving credit facilities and the continued compliance by companies faced with the wide-ranging effects of COVID-19. Under certain circumstances, companies may consider preemptively seeking an amendment or waiver to avoid an anticipated default, or to create borrowing capacity, bearing in mind the ongoing obligations with respect to the representations and warranties under the credit agreement. Investment funds are similarly faced with reduced availability as a result of various exclusion events at the investor level, triggering a decrease in the borrowing base. Funds are encouraged to review their credit agreements to ensure ongoing access to their facilities. The article is available here

Search
Filters »

Recent Issues

February 3, 2023 | Issue No. 209
January 27, 2023 | Issue No. 208
January 20, 2023 | Issue No. 207
All Issues »

Recent Issues

February 3, 2023 | Issue No. 209
January 27, 2023 | Issue No. 208
January 20, 2023 | Issue No. 207
All Issues »
© 2023 | Notices | Manage Subscription | Contacts