Lender’s Counsel

An attorney or firm of attorneys engaged to represent the Lender in a Private Placement.

Responsibilities of Lender’s Counsel include reviewing transaction documents, advising the Lender on the applicability of federal and state securities laws, drafting continuing covenant agreements, if applicable, and ensuring compliance with the Lender’s internal policies and procedures.

See Also


The entity or entities, typically commercial banks, which purchases the bonds pursuant to a private placement for its own portfolio.

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Term of the Week

Securities Act of 1933

Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.