Increased Costs – The Great Debate | White & Case LLP International Law Firm, Global Law Practice
Increased Costs – The Great Debate

Increased Costs – The Great Debate

The introduction of Basel III and the Bank Levy has brought the increased costs provision in facilities agreements into sharp focus once more. Whether, and to what extent, lenders will seek to pass any costs arising from the introduction of either of these measures on to borrowers remains the subject of some debate in the market. In this alert we consider such changes in light of the increased costs and financial covenant provisions in facilities agreements.

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