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Downstream guarantee
Posted on 23 September 2016 in > Banking & Finance

MOLITOR assisted a lead counsel to advise an Icelandic bank on a down-stream/cross-stream guarantee to be granted by a Luxembourg entity of a multinational pharmaceuticals company within the framework of the credit facility in favour of the bank. MOLITOR advised on the structuring of the Luxembourg side of the transaction, drafted the guarantee on first demand and issued a legal opinion on it.

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