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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Derivatives
- How derivatives are used in lending transactions
Guide to hedging within a financing context — the ISDA documents
This guidance note considers the use of ISDA documents in a loan financing transaction that deals with hedging and how by considering the ISDA documentation in the light of the facility agreement and other finance documents, a consistent position can be reached which reflects the commercial agreement, rather than presenting the hedging arrangement at the end of the transaction as a condition precedent to drawdown of the loan and as a “standard” document to be executed.
See Guide to hedging within a financing context — the ISDA documents.