From Q1-Q3 of 2023, the U.S. loan market was marked by novel deal patterns and uneven market activity. Initially, the bulk of deals were portfolio work, including amend & extend transactions, covenant relief amendments and...more
Background-
On March 10, 2023, the California Department of Financial Protection and Innovation closed Silicon Valley Bank (SVB) and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for SVB....more
3/13/2023
/ Agents ,
Bank Deposits ,
Banks ,
Board of Governors ,
Borrowers ,
Credit Agreements ,
Default ,
FDIC ,
Lenders ,
Line of Credit ,
Receivership ,
U.S. Treasury