21 Jun 2022
Fees in Loan Transactions and Fee Letter Considerations
Learn about the fees generally incurred in connection with a loan financing. This practice note provides practice tips on formulating the fee letter that documents these and related provisions, including market flex, securities demand, and alternative transaction fees.
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Get up-to-date interest rate and fee clauses included in a credit agreement in a typical syndicated loan transaction. These clauses include guidance and drafting notes.
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Begin drafting with this fee letter by a bank setting forth a borrower’s responsibilities to pay certain fees to the banks providing commitments to the borrower. This template includes guidance, drafting notes, and alternate and optional clauses.
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