Main Street Lending Program: Latest Updates
By EsqSocial Corporation 05/11/20
In our last general discussion on the Main Street Lending Program (the “Program”), we focused on providing an overview of the Program and some key commercial and legal matters for borrowers and lenders to consider when making a determination as to whether procuring a loan under one of the Program’s facilities was the preferred option for such business. Since that publication, the Program has been operational for about four months, and to date, it has not achieved the desired market participation...
By: Shearman & Sterling LLP