Davis Polk partners Jason Kyrwood, James Florack and Meyer Dworkin recently authored an article for the International Financial Law Review discussing some of the private equity sponsor and borrower friendly terms that have become increasingly common in broadly syndicated loan (BSL) facilities as significant uncertainty and sustained volatility return to the debt markets for the first time since the financial crisis. The article also discusses certain themes that have emerged in 2019 and early 2020.

Read the full article