Anatomy Of A Transaction

Brickfield's Working Guide to Fund Finance is a "how to" publication aimed at lenders, lawyers, fund professionals and brokers seeking a comprehensive treatise on the fundamentals of fund finance. Here we look at the anatomy of a transaction, and the essential stages to be considered. You can read part one of this guide on regulated and unregulated funds here.

Due diligence

After determining the type of fund vehicle in the structure, and whether the vehicle is regulated or unregulated, due diligence is a crucial starting point on any fund financing transaction in Ireland. As emphasised elsewhere in this guide, due diligence often informs the legal and commercial terms of the facility and security documents, and it is important for a lender (and its counsel) to determine at an early stage whether there are any issues in the fund documents that should be corrected or dealt with prior to funding, either by amending the terms of the fund documents or by including