Paper - Academic Registry and Council Secretariat - Queen Mary ...

TPB2012-024
Sequence: See above
Terms of the bond, trustee, servicer and special servicer †
Terms of the bond and the trust deed
Bond trustee’s role
Servicer and special servicer
Law of international finance: syndicated loans
(not yet available – this course is not expected to be available before 2014) †
Students are advised to take Law of International Finance: syndicated loans prior to or concurrent with Law
of International Finance: securitisation and bonds, although this is not a requirement.
The modules must be attempted in order.
Deleted: 2011
Module A [Code not yet available]
Capital markets †
Capital markets, loans, bond issues, euro currency loans and euro bonds, risk
The nature of the contract and its objectives
Terms of the contract: fixed and variable interest, repayment and early payment
Conditions precedent
Representations and warranties
Module B [Code not yet available]
Sequence: module A must be attempted before module B
Financial covenants, negative pledge and remedies †
Financial covenants and information undertakings
Negative pledge: objectives, types, problems
Remedies: events of default terms relating to remedies, remedies at common law
Module C [Code not yet available]
Sequence: modules A and B must be attempted before module C
Syndicate management †
The loan arrangement process, including the Information Memorandum
The arranger and its role, liability and protections
The agent bank: role, liability and protections
Syndicate management provisions, including sharing and set off clauses
Module D [Code not yet available]
Sequence: modules A, B and C must be attempted before module D
Choice of law and loan transfers †
Choices of law and forum
Loan transfers: novation, assignment, transfer by way of trust, sub-participation
Regulatory provisions relating to loan transfers
Law of oil and gas submarine pipelines
(not yet available – this course is not expected to be available before 2015) †
Module A [Code not yet available]
Laying of submarine pipelines †
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