Loan Agency Activities
Albion acts as a documentary agent and/or facility agent and/or security agent on behalf of banks in respect of project financing loan agreements, managing all related obligations.
Over the years, Albion has also gained significant experience in debt restructuring operations requiring the appointment of an agent to coordinate relations between banks and between banks and the borrower.
Loan Agency Services
Albion acts as a documentary agent and/or facility agent and/or security agent on behalf of banks in respect of project financing loan agreements, managing all related obligations.
Over the years, Albion has also gained significant experience in debt restructuring operations requiring the appointment of an agent to coordinate relations between banks and between banks and the borrower.
Loan Agency Activities
The main activities Albion can perform as an agent in respect of project financing loans are listed below.
Lenders’ coordination activities
Management of banks-borrower relationships
Validation of the satisfaction of conditions precedent / subsequent
Structuring and review of fund flows
Review of drawdown requests
Calculation of amounts due under the financing
Management of disbursement instructions and of the relationship with the account bank
Monitoring of the compliance of all contractual obligations
Lenders’ coordination activities
Management of banks-borrower relationships
Validation of the satisfaction of conditions precedent / subsequent
Structuring and review of fund flows
Review of drawdown requests
Calculation of amounts due under the financing
Management of disbursement instructions and of the relationship with the account bank
Monitoring of the compliance of all contractual obligations
Updating of financial model
Support in managing contractual waiver requests
Monitoring of the perfection and maintenance of securities
Enforcement of securities upon creditors’ instructions
Updating of financial model
Support in managing contractual waiver requests
Monitoring of the perfection and maintenance of securities
Enforcement of securities upon creditors’ instructions