Most leveraged corporate buyers that are funding all or part of the purchase consideration with bank
debt need to know that the money will be available at closing. However, most large leveraged term
loans are financed by institutional investors who will buy into the debt as part of the loan syndication
process. The buyer (and seller) don’t want to take the risk that the syndication fails as a result of lack of interest by the institutional investors, so they enter into commitment papers with the bank
underwriters who agree to fund any shortfall, subject to the detailed terms and conditions in the
commitment papers. The webinar highlights common issues arising in and terms of bank financing
commitment papers.
This webinar is delivered in Plain English, understandable to you even if you do not have a backgroundin the subject. It brings you into an engaging, even sometimes humorous, conversation designed to entertain as it teaches. And, it is specifically designed to be viewed as a stand-alone webinar, meaning that you do not have to view the other webinars in the series to get a lot out of it.
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