NAV facilities typically measure risk level using the ratio (the “LTV Ratio”) of the loan principal to the value of the eligible assets supporting the borrower’s loan obligations (the “Eligible Assets”).
In an excerpt from a column she penned for the Cadwalader Alumni Network, partner and Management Committee member Angie Batterson looks ahead to the upcoming merger with Hogan Lovells.
This week we welcomed Bob Hayes, a top advisor to leading financial institutions and non-bank lenders on large commercial lending and middle-market loan transactions. He has deep experience representing leading financial institutions and other lenders in complex commercial lending transactions with a primary focus in asset-based lending.
The Fund Finance Association (FFA) has released its inaugural Industry Survey, which features responses from 93 lenders on topics such as market size, lenders' Fund Finance portfolio sizes, product offerings by firm, and length of market participation.
Cadwalader Fund Finance Partner George Pelling will be a panelist at the 10th Annual European Fund Finance Symposium, taking place in London on Wednesday, June 24.
