Course Overview & Target Audience
This course is designed for bankers and lawyers and anyone else who is involved in international finance and needs to understand the documentation. The courses are suitable for experienced users and those with no prior experience of the subject matter. It is useful for beginners, to give them a comprehensive review of the loan agreement and the issues it raises. It is also useful for those with practical experience but who have not previously had any formal in depth training on the agreement, to help them fill in the inevitable gaps in their knowledge and to give them a framework in which to consolidate their practical knowledge. It is also useful as a refresher. The course uses extracts and specimen clauses from a version of the investment grade Loan Market Association (LMA) loan agreement as the basis for discussions.
By the end of this course, participants should:
- Understand the structure of the loan agreement (investment grade, unsecured) and the relationship between its various provisions
- Be able to review a loan agreement for an investment grade borrower and identify key issues such as the scope of the agreement
- Be aware of the importance of the detailed provisions of the loan agreement and be able to negotiate some of the points commonly raised on those provisions
The course involves around 10 to 15 hours work over an agreed period of weeks (ideally 4 weeks). This route covers those essential topics which participants need to be aware of when dealing with a loan transaction.
A second route is available which requires background reading in addition to the texts on the site. This route requires 30 to 40 hours work over an agreed period (ideally 5 weeks).
Delegates can decide as they progress through the materials how much depth they want to go into and move from one route to another as they wish. There are different quizzes depending on which route is followed and delegates will be awarded the appropriate certificate depending on which set of quizzes they completed successfully.
The materials consist of short interactive videos, quizzes and a forum for discussions. Delegates will be required to post a satisfactory report and question in the forum (and feedback on each of these will be given by the course tutor) as well as passing the quizzes in order to be eligible for a certificate.
The course materials available online are self contained and no other materials are required in order to complete the 'Key Facts' route through the study course. This route will give participants a good understanding of the key issues.
Delegates who wish to undertake the second route through the course will need to have a copy of the book 'International Loan Documentation' by Sue Wright, to be able to participate, as this route involves background reading from the book.
Free Trial Lesson
Click here and turn up the volume to take part in a 10 minute free trial lesson. Download the accompanying worksheet here.
Registration & Pricing
Pricing is per participant. The price is the same whether the delegate chooses to do the 'Key Facts' or the in depth route.
Delegates can start the course on the Monday following the week in which they register. You can register or enquire by using the registration tab above.