Our Legal Insights Blog

As part of Fox Legal Training’s Primary Market Education Series, we analyze primary market deals to highlight important provisions for lenders and other market participants. In this post, we'll examine some key aspects of the Sammontana Italia LBO deal.

The recent restructuring announcement from TalkTalk provides key insights and learning points for lenders when dealing with stressed borrowers. In our recent YouTube video, our founder Sabrina Fox examined the key issues raised by TalkTalk's situation and how lenders can apply these lessons to other scenarios.

Using the HYB Mind Map as a tool to make your high yield legal analysis more systematic, we review the guarantor and structural subordination analysis in this blog. You can also watch the mini-lesson that our founder, Sabrina Fox, recorded on our YouTube channel.

Inspired by the recent Barclays LME study, our founder Sabrina Fox wrote an analysis of how weak covenant protections have paved the way for distressed exchanges, and the best defences for lenders. The image above is how she imagines lenders look when they get back par...

Intercreditor agreements (ICAs) are crucial documents in financial transactions where multiple creditors are involved. These agreements dictate the interaction and priorities among the various creditors, ensuring that the rights of both senior and junior creditors are protected. When entering into an ICA, whether you're a lender or a legal advisor, understanding the key provisions and strategies is essential for successful negotiations.

Welcome back to another insightful installment of Fox Legal Training's HYB Mind Map analysis series. Today we'll focus on an essential component of our Mind Map: security and guarantees in high yield bonds.

We are thrilled to introduce an exciting new initiative to celebrate our Back to School promotion. Our founder, Sabrina Fox, recently introduced a powerful tool for comprehending the complex world of high yield bond covenants - the High Yield Bond Mind Map. This innovative resource promises to revolutionize the way you analyze high yield bonds.

Ceconomy has launched its refinancing of its senior unsecured notes due 2026, choosing a standard high yield structure as compared to their previous, more IG-like German law governed bonds. In our red flag review, we noted several key features.