Finance linked swaps in lending
- 2015-08-15
- By whiggs
- Posted in Banking and Finance Law, Swaps & Derivatives
This is a presentation delivered by Dr William Higgs (Barrister-at-Law, Elizabeth Street Chambers) and Alex Chernishev (Senior Associate, Clayton Utz) on finance linked swaps in lending.
The presentation provides an overview on the relevant issues in drafting a finance linked swap in a financing transaction including the following concerns:
-the issues pertinent to the integration of swaps into financing arrangements
-the key considerations for swap providers, lenders and borrowers
-the application or non-application of events of default
-consideration of termination (close-out events and calculations)
-priority and enforcement of security issues
.
The presentation was delivered as a CLE to the College of Law as part of their Transactional Series entitled “Transactions Series Part 3: Complicated Financing Issues Demystified”.