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Considerations for Administrative Agents 'Fronting' Funds

When a borrower submits a request for borrowing in a syndicated credit facility, each lender in the lending group is generally obligated to make its… ....

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Administrative Agents Fronting Funds on Behalf of Lenders and Borrowers

Administrative Agents Fronting Funds on Behalf of Lenders and Borrowers
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What You Should Know Up Front July 2023 - Considerations for Administrative Agents 'Fronting' Funds | Cadwalader, Wickersham & Taft LLP

When a borrower submits a request for borrowing in a syndicated credit facility, each lender in the lending group is generally obligated to make its pro rata share of the borrowing. ....

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