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Loan Syndications and Credits

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Miller Canfield attorneys are experienced in the representation of lead lenders, co-lenders, participants and agent banks in connection with the origination, documentation, syndication and participation of both C&I and CRE credit facilities. We understand this fast-moving market and the underlying assets. We work closely with our clients to respond knowledgeably and quickly in the review, negotiation and execution of these often complex arrangements.

Syndicated credit transactions and “club deals” involve significant and unique issues for all parties involved. We add value through knowledgeable advice regarding current market customs and practices from multiple perspectives.

We have been engaged to lead, negotiate, review and conduct due diligence on both single and multi-tranche credit facilities in multiple states, with balances at times exceeding $100 million, and when necessary on short notice (most recently a 33 property portfolio within a two-week time frame).

Our engagements typically commence at the term sheet stage. They continue on through commitment letter, negotiation and formal loan documentation, intercreditor or co-lender negotiation and documentation through coordinated closings, and often to facility administration and compliance.