Document background
The Senior Loan Agreement is a fundamental financing document used when a borrower seeks senior debt financing from one or more lenders. Under Singapore law, it provides a comprehensive framework for the lending relationship, incorporating key protections required by the jurisdiction's banking and securities laws. The agreement typically includes detailed provisions on facility terms, drawdown mechanics, representations and warranties, covenants, and events of default. It is particularly suited for corporate financing, project finance, and large-scale commercial transactions where senior debt forms the primary financing structure.
