February 9, 2023
Talking Shop: Do You Pay All Joint Lead Arrangers of Revolvers?
Editor’s note: NeuGroup’s online communities provide members a forum to pose questions and give answers. Talking Shop shares valuable insights from these exchanges, anonymously. Send us your responses: [email protected]. Member question: “We have three joint leader arrangers (JLAs) for our revolving credit facility and the JLA that drives the revolver renewal gets paid more than the others. “There are some companies with a lot more than three JLAs. If we were to grow the top tier/JLA group, would the market standard be…