A typical debt arrangement mandate would include:
- Review of all relevant debt facility agreements.
- Structuring proposed funding or restructuring of existing funding in a manner that achieves the objectives of a borrower while still being acceptable from a lender's perspective.
- Preparation of a comprehensive Bank Memorandum, which would include the funding proposal, required term sheet, comprehensive credit analysis and draft documentation where relevant.
- Presentation of the Bank Memorandum to a number of potential lenders with an invitation to submit conforming funding proposals with quoted pricing.
- Negotiation of terms acceptable to the borrower and assistance and co-ordination in appointment of a lender or lenders to finance the funding requirement.
- Management of the process to gain lender's credit consent and obtain receipt of an acceptable lender's letter of offer.
- Management of loan and security documentation, including assistance in negotiation of documentation with lender and solicitors.
- Proposal of a structure to the lender to minimise ad valorem loan security duty for Australian borrowers (where applicable to the funding).
- Assistance to borrower to meet all funding pre-conditions (including valuation and engineer's reports where applicable) and achieve loan draw-down.
- Assistance to borrower to implement an appropriate interest rate management programme.
- Assistance in any other aspects relevant to completion of the required funding.