Dechert’s Global Finance Team Publishes Chapter on Subscription Facilities in GLI’s Fund Finance "Pink Book"
January 25, 2024
Dechert’s Global Finance team published a chapter titled “Subscription Facilities: Key Considerations for Borrowers During a Time of Challenge – A Global Experience” in Global Legal Insight's Fund Finance Laws and Regulations 2024, 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, Laura Rossi, Karen Stretch and Nathalie Sadler for their assistance in the preparation of this chapter.
Read the full chapter here.
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