Strategic Legal Representation for Credit Facilities
The Term Sheet is the foundation of any financing transaction. While often marked as 'non-binding', the terms agreed upon here dictate the final facility agreement. Specialized UAE legal practitioners ensure that financial covenants, repayment structures, and events of default are balanced and commercially viable.
Key Negotiation Focus
- Financial Covenants: Negotiating debt-to-equity ratios and liquidity requirements to ensure operational flexibility.
- Pricing & Fees: Reviewing interest margins, commitment fees, and arrangement costs.
- Control Rights: Limiting restrictive covenants that might hinder future corporate actions or disposals.