TITLE

Attorneys Seeing Loan Buyer Blacklists

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
January 2007
SOURCE
Investment Dealers' Digest;1/22/2007, Vol. 73 Issue 3, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that debt investors who support the enforcement of covenant rights or who are more activist in their investments may find themselves blacklisted from bank loan deals, according to lawyers who are familiar with the leveraged finance markets. The blacklists are the result of the dual phenomenon of private equity company ownership and increasing hedge fund activism. The article defines blacklists as side agreements between a company issuing loans and its agents.
ACCESSION #
23799716

 

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