Related insights: Syndicated Lending

Womble Bond Dickinson Advises AHIP in its $50 Million Strategic Investment by BentallGreenOak and Highgate and Amendments to its Corporate Credit Facility

Feb 01 2021
Womble Bond Dickinson advised American Hotel Income Properties REIT LP (“AHIP REIT”), a limited partnership formed to invest in hotel real estate properties across the United States, in its $50 million strategic investment by BentallGreenOak Real Estate Advisors LP and Highgate Capital Investments, LP through HCI-BGO Victoria JV LP, a joint venture limited partnership.

Federal Judge Confirms That Syndicated Loans Are Not Securities

May 29 2020
On May 22, 2020, Judge Paul Gardephe of the Southern District of New York held that a syndicated term loan was not a “security” under state securities laws. The ruling confirmed the assumption, which has been fundamental to the growth of the syndicated loan market and has not been contradicted by any judicial decision, that syndicated loans are not subject to registration requirements and antifraud provisions promulgated by the Securities and Exchange Commission.