Loan note instrument (share consideration)

by Practical Law (based upon material originally contributed by Simon Howley, CMS Cameron McKenna Nabarro Olswang LLP)

Maintained | England, Wales

A loan note instrument constituting floating rate, guaranteed loan notes for issue by a buyer to the seller(s) in connection with the acquisition of the entire issued share capital of a UK private company. This document includes optional clauses to structure the loan notes as non-qualifying corporate bonds (non-QCBs).

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