William G. Rothschild
April 28, 2010
Sutherland Partner William G. Rothschild is speaking on an ABA eCLE program entitled "Mezzanine Financing: Bridging the Gap in Loan Refinancings," April 28, 2010. Permanent lenders are financing now at lower loan-to-value ratios than previously, and mezzanine financing is a key tool to bridging the equity gap.
Topics to be discussed include:
- How are mezzanine loans typically structured?
- What are the differences between perfecting security interests under Article 8 vs. Article 9 of the UCC?
- How is a mezzanine loan different from a B-Note?
- What are the typical provisions contained in the Intercreditor Agreement between the Mezzanine Lender and the Senior Lender?
- What have some of the unexpected issues been for Mezzanine Lenders handling troubled deals, and how can those issues be minimized in the future?
- What surprises have Senior Lenders faced when working out loans on transactions which include a mezzanine loan?
- How does the securitization of the senior loan affect the terms of the Intercreditor Agreement and the workout of a troubled senior and mezzanine loan?
- What if there are multiple layers of mezzanine or senior debt?
For more information and to register for this event, click here.
© 2012 Sutherland Asbill & Brennan LLP