Subscription Facilities Chapter in Fund Finance “Pink Book”

 
January 26, 2023

Dechert’s Global Finance team published a chapter titled “Subscription Facilities: Key Considerations for Borrowers – A Global Experience” in Global Legal Insight's Fund Finance Laws and Regulations 2023, known universally in the fund finance community as the “Pink Book”.

In this chapter, the authors outline the legal and practical aspects that fund sponsors and their counsel should consider when structuring, documenting and/or maintaining a subscription facility, with a particular focus on the issues around the fund documentation and collateral. 

Authors: Jean-Louis Frognet, Eng-Lye Ong and Caroline Lee.

The authors wish to thank Jay Alicandri, Karen Stretch and Nathalie Sadler for their assistance in the preparation of this chapter.

Read the full chapter here.

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