• Webinars

Credit Enhancement, Direct Purchases and Other Bank Products – General Considerations (Non-Tax) (Workshop 2024)

  • CLE Eligible

Topics discussed include an overview of and trends in bank facilities.

Individual Webinar

Purchase and watch the individual webinar at your convenience.

$99 for members | $299 for non-members

Workshop 2024 Bundle

Purchase a bundle of all 10 recorded sessions from the Workshop 2024 and earn more than 12 hours of CLE.

Description

This panel will discuss structuring and legal considerations that arise with respect to commercial bank products and in private placement bond issues and bank loans. Topics to be discussed include an overview of and trends in bank facilities, such as letters of credit, standby bond purchase agreements, hybrid financings, liquidity and operational financings, direct-placement financings and other bank loans; securities law considerations; negotiation of covenants and other contract terms; use of forward delivery arrangements, “Cinderella” and other refunding tools; application of certain MSRB rules; roles and responsibilities of Municipal Advisors and Placement Agents; and considerations relating to continuing disclosure “financial obligation” filings. The session will emphasize general concepts which practitioners may face on direct purchase transactions and/or credit or liquidity enhanced public market transactions and discuss current developments relevant to bank products, including frequently negotiated provisions.

Chair
Panelists