Sentences with phrase «collateral agent»
The term "collateral agent" refers to a person or entity that holds and manages property or assets on behalf of a group of lenders. They act as a trustee to ensure that the lenders' interests are protected in case the borrower defaults on the loan. Full definition
AbitibiBowater Inc., representing Bank of New York Mellon as collateral agent in the chapter 11 case of this pulp and paper manufacturer.
sheppardmullin.com
Credit Suisse, Canadian counsel for the administrative and collateral agent in connection with advice on loan agreements, Canadian security documents and title insurance matters surrounding a US$ 226.5 million first lien credit agreement.
According to a related 8 - K filing, Deutsche Bank, New York branch acted as both administrative and collateral agent on the transaction.
Represented the collateral agent for $ 1 billion debtor - in - possession financing agreement in a cross-border insolvency proceding.