New and extensive regulation of the banking sector has made
alternative financing arrangements more attractive and cost-efficient
for business development companies (BDCs) and closed-end funds (CEFs).
An increasing number of BDCs and CEFs are turning to synthetic financing
through total return swaps (TRS) and prime brokerage (PB) lock-up
facilities.
In this webinar, Andrew Jordan, Senior Vice President at GSO Capital Partners/Blackstone Group, and Matthew Kerfoot, Partner at Dechert, will discuss:
FREE!In this webinar, Andrew Jordan, Senior Vice President at GSO Capital Partners/Blackstone Group, and Matthew Kerfoot, Partner at Dechert, will discuss:
- Negotiating the TRS and PB framework
- Pricing considerations
- Limitations of TRS and PB facilities
- Controlling the underlying loan portfolio
- Leverage issues under the 1940 Act
- Safeguarding fund collateral and rehypothecation
Total Credits: 1.00 unit
May 19, 2015, 9:00 AM to 10:00 AM PDT
For further information see:
http://www.dechert.com/Alternative_Financing_for_BDCs_and_Closed-end_Funds_05-19-2015/
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