Course dates
Course overview
'International Loan Documentation' is an intensive course that covers all aspects of a loan transaction,
concentrating particularly on the agreement itself and on the legal implications of a properly drafted and incorrectly drafted document. Delegates will be taken step-by-step through the process of documenting a loan, from the early stages of pre-contractual issues, letters of commitment and written offers, through to administrative provisions, representations, covenants, defaults, transfer provisions, guarantees and the
eventuality of insolvency.
This is module one of the Loan Documentation Masterclass - attend both modules (Module Two : Advanced Loan Documentation) in this session and save US$1,900!
Summary of course content
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Start from pre-contractual issues and explore the key clauses in a loan agreement
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Spot key issues and deal with comments
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Avoid conflicts between representations, conditions precedent, undertakings and
events of default
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Review the loan agreement in different commercial situations: project corporate
and asset based financings
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Review contractual support arrangements
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Examine common intercreditor arrangements
Methodology
This course is both practical and interactive. It has been designed to be immediately relevant to lawyers
and bankers involved in loan documentation. Through a series of formal lectures, group discussions and workshops, delegates will cover all aspects of loan transactions, concentrating particularly on the agreement itself.
Who should attend this training course?
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In-house lawyers in banks and financial institutions
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Bankers concerned with the negotiation of loans
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Bank executive involved in the documentation of loans
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Lawyers in private practice who advise clients on loan agreements
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Corporate counsel
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Credit control officers
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Credit administration officers
Supporting publication
MODULE 1: INTERNATIONAL LOAN DOCUMENTATION
Day 1
The most common structures of loan transactions
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Single banks and syndicated loans
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Term loans and revolving credit facilities
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Single currency and multi-currency facilities
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Loan and guarantee facilities
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Secured and unsecured facilities
Workshop: Common expressions used in International Banking (part I)
Term sheet
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What issues should it address?
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How much detail should it contain?
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Is it intended to create a legally binding commitment?
Interbank markets
Loan agreement overview
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Structure of the document
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Principal concerns
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Drawdown procedure
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Interest rate and interest periods
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Repayment, prepayment and cancellation
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Payment provisions
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Representations and warranties
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Positive and negative covenants
Day 2
Workshop: Common terms of the loan market - boilerplate provisions, tax, administrative provisions, and events of default
Syndicated loans
Loan transfers
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Novations
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Assignments
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Subparticipations
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Credit derivatives
Due diligence
Guarantees
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Vires and directors' duties
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Vulnerability in insolvency
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Guarantors' rights
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Common provisions of a guarantee
Workshop: Common expressions used in International Banking (part II)
Other security
Module 2: Advanced Loan Documentation
Hilton Hotel Singapore, Singapore, Singapore
This programme takes place on a non-residential basis at Hilton Hotel Singapore. Non-residential course fees include training facilities, documentation, lunches and refreshments for the duration of the programme. Delegates are responsible for arranging their own accommodation, however, a list of convenient hotels (many at specially negotiated rates) is available upon registration.
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Claire Pointing
Claire Pointing is a highly experienced banking and finance lawyer with over 15 years experience in advising on a wide range of debt finance transactions.
Claire trained and practiced in the Banking and Finance department of Norton Rose where she advised lenders and borrowers on a wide range of complex asset finance and loan arrangements including:
• The merger of the P&O and Stena Line short sea fleet;
• The financing of the voyager of the seas
• Numerous bilateral, club and syndicated loan arrangements.
After a break from the law as a strategy consultant and academic, Claire returned to practice as a partner level Consultant advising on all English law aspects of banking and finance transaction including:
• cross border loan finance arrangements,
• hostile and consensual restructuring of debt finance transactions and
• loan finance arrangements embedded in complex capital markets transactions.
She led the team that structured and delivered the highly innovative Hertz International Securitisation that utilised loan arrangements within a portfolio of assets to provide the cash flows underlying the securitisation. She has also recently advised on both subordinated debt structures and on pan-European secured lending arrangements for the mandated lead arranger. She is noted in the Legal 500 for blending “‘strong interpersonal skills and commerciality”.
In addition to her experience in practice, Claire devotes a significant amount of her time to delivering internal and client focused training on the issues relating to debt finance in the current market. Her experience in strategy consulting and the commercial sector enables her to make complex legal and commercial issues accessible.
Courses run by this instructor
Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.
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Course dates