Going hybrid

Liquid_fundHybrid facilities are becoming an increasingly attractive solution for funds seeking a single credit facility capable of servicing its needs from cradle to grave.

In an article guest written recently for Funds Europe by Leon Stephenson and Parisa Clovis of law firm Reed Smith, hybrids also offer an innovative solution.

As the European funds finance market becomes more sophisticated, the article mulls the myriad legal considerations that hybrid facilities throw up.

The full article may be read here.

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