Corporate Borrowing

Defines the most effective ways of raising debt finance - from bank loan agreements to MTN programmes - and examines the specific legal problems of security and prospectus requirements under the Prospectus Directive. This book features coverage of security, subordination, guarantees and variation of rights.

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"Corporate Borrowing" straddles both company and banking law. In one volume, it defines the most effective ways of raising debt finance - from bank loan agreements to MTN programmes - and examines the specific legal problems of security and prospectus requirements under the Prospectus Directive. The third edition of this highly rated book has been fully updated with the key legal and regulatory developments and features significantly expanded coverage of security, subordination, guarantees and variation of rights. Repackagings, CDOs, securitisations and other forms of structured finance are now described in detail as well as the implications of the Elektron cases on the role of trustees and new regulations on the execution of documents.