Banking, Finance and Structured Finance
Banking and finance lawyers need a good understanding of accounting issues to be able to negotate and draft accounting and finance clauses in agreements including the information undertakings and financial covenants in loan agreements.
Our courses are designed to provide you with this knowledge and show you how different drafting may shift the ‘risks’ of the lending from the borrower to the lender and vice versa.
Some of our most popular courses for banking and finance lawyers:
Accounts for banking and finance lawyers
Be able to find your way around the accounts and understand common accounting terminology used in finance agreements.
Drafting information undertakings
Be able to draft the information undertakings and representations sections of a loan agreement using the financial information provided as part of the accounts.
Building headroom in financial covenants
Borrowers need a margin of safety (headroom) to avoid unexpected violations of their financial covenants. This course focuses on the five commercial areas of negotiating headroom and prepares you for these negotiations.
Negotiating the financial covenants
Understand how each adjustment affects the financial covenants and be better able to negotiate the definitions for the benefit of your client.
Negotiating the definitions of Cash Flows and Excess Cash Flows
Be better placed to negotiate the key definitions of Cash Flows and Excess Cash Flow and which adjustments to earnings favour the borrower and which the lender.