Lauren Hanrahan and Suhrud Mehta Co-Author Chapter on Transatlantic Intercreditor Agreements in ICLG: Lending & Secured Finance 2020

Global Leveraged Finance partners Lauren Hanrahan and Suhrud Mehta co-authored a chapter in The International Comparative Legal Guide to: Lending & Secured Finance 2020 titled “A Comparative Overview of Transatlantic Intercreditor Agreements.” The chapter discusses intercreditor frameworks and the different expectations as to the key intercreditor terms that should apply in cross-border financings for European borrowers or other financings involving practitioners and business people in different parts of the world. In particular, the chapter compares and contrasts the key terms in US second lien and European second lien intercreditors and discusses the blended approach taken in some recent intercreditor agreements for financings of European companies in the US syndicated bank loan markets.

Click here to read the full chapter in ICLG: Lending & Secured Finance 2020.