United States:
Dealology – Equity Commitment Letters And Guarantees In Private Equity Deals (Video)
07 October 2019
Cooley LLP
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Equity commitment letters are essentially ubiquitous in private
equity deals and guarantees are common when debt financing and
reverse termination fees are in the mix. In this Dealology video,
we discuss what equity commitment letters and guarantees are, why
and when they are used and a few key business points, including the
amount of the commitment and guarantee, who gets to enforce the
obligations and termination. This video goes hand-in-hand with our
Dealology video #4 – Reverse Termination Fees and Specific
Performance, to be released October 16, 2019.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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