Parallel bilateral lending

Parallel bilateral lending offers a unique financing strategy providing borrowers with the opportunity to secure multiple bilateral credit agreements with various banks under nearly identical terms. This innovative approach allows for swift intraday utilisations making it ideal for bridging high short-term liquidity needs such as margin calls. This setup not only fosters competition among lenders potentially leading to more favourable terms for the borrower but also eliminates the need for an agent thereby saving on agency fees. Dive into certain drafting and competition law considerations in connection with parallel bilateral lending and discover an interesting alternative to syndicated lending.

Parallel bilateral lending

Parallel bilateral lending is a lending structure where the borrower enters into several separate bilateral credit agreements with various banks under almost identical terms and conditions. The parallel bilateral credit agreements only differ from each other as far as commercial...