Prepayment Structures in Leveraged Finance: Balancing Borrower Flexibility With Lender Protections

Attorney Tim Ryan will speak as a panelist during an interactive Q&A Strafford webinar. Mr. Ryan will discuss the specific concerns of syndicated, mezzanine and second lien lenders as well as those of the borrower in each type of transaction. The panel will review the following topics and other key issues:

• How do prepayment restrictions and triggers benefit lenders and how do they hamper a borrower’s business operations?
• How might call protection provisions vary between syndicated, mezzanine and second lien loans?
• What are some of the variations on the calculation of excess cash flow and when should it be applied to reduce the loan balance?