Watch This! Second Lien Financings Video

Watch this new video providing an overview of second lien debt, which is an increasingly preferred form of junior financing, as compared with unsecured debt, subordinated mezzanine debt, or unsecured high yield debt.

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Related Content

• Credit Agreement Resource Kit
  Check out this resource kit providing an overview of drafting, reviewing, and negotiating a credit agreement. This resource kit includes Practical Guidance materials, including detailed practice notes.

• Structuring a Financing Transaction
  Review this general overview of how a financing is structured. The practice note discusses the reasons a financing is entered into and how those reasons drive the components of a financing, such as the parties to the transaction, the types of facilities (whether it includes term, revolving, swingline, or letter of credit facilities), the priority of the loans compared with other sources of financing, and the collateral package, if any.

• Commitment Letter and Term Sheet Provisions
  Read this practice note to understand the commitment letter and term sheet and how they relate to a financing transaction. It details the main provisions of these documents, including those specific to acquisition financing, and how they are typically negotiated.

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