Ep 150 ft. Andrew Kissner
Clauses & Controversies
The Evolution of Looser Language in Syndicated Loans
This chapter examines the shift toward looser language in syndicated loans within corporate finance, highlighting the transition from traditional bank-led markets to a diverse range of non-bank entities. It discusses the implications of incorporating bond-like provisions in loan agreements, addressing the resulting tensions and dissatisfaction among major firms involved in significant transactions.
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