Document background
The Loan Note Agreement is a crucial financing document used when a company seeks to raise debt funding through the issuance of loan notes, typically in scenarios involving corporate financing, acquisition funding, or growth capital. This agreement, governed by Irish law, comprehensively documents the terms of the lending arrangement, including the amount being borrowed, interest rates, repayment terms, and any security provided. It's particularly useful for structured finance transactions and when companies prefer debt instruments over traditional bank loans. The document must comply with Irish financial services regulations, companies legislation, and relevant EU directives. Common applications include corporate restructuring, expansion funding, refinancing existing debt, or providing working capital. The agreement can be tailored to accommodate both bilateral and syndicated lending arrangements, with provisions for transferability and trading of the notes if required.
