Effects of CFTC Swap Interpretations on Subsidiary Guarantees of New and Existing Credit Facilities

Client Advisory
February 13, 2013

The purpose of this Client Advisory is to alert lenders and borrowers to the impact that recent CFTC swap interpretations will have on both new and existing credit facilities that feature subsidiary guarantees – even in circumstances where swaps are peripheral to the credit facilities.  

View Client Advisory (PDF)