Trade Finance and Alternative Structures 2026

Webinar Overview

Some borrowers default. One type of default is a payment default, when the loan is not paid when it becomes due, or a particular payment is missed. The other type of default is a covenant default. This webinar explains both, and discusses what happens when one happens.

Among other subjects, this webinar will help attendees:

• Understand the types of defaults
• Differentiate between payment defaults and covenant defaults, including their legal and financial implications
• Identify common terms and provisions in loan agreements that could lead to covenant defaults (e.g., financial ratios, reporting obligations)
• Analyze the consequences of default
• Explore the potential legal, financial, and reputational consequences of both payment and covenant defaults
• Learn proactive steps borrowers can take to avoid defaults, including timely communication with lenders and adherence to loan covenants
• Gain insight into typical lender responses to defaults, such as acceleration clauses or loan restructuring, and how borrowers can negotiate favorable outcomes

Learning Objectives:

• Understand the Types of Loan Defaults: Define and differentiate between payment defaults and covenant defaults, including their key characteristics and triggers
• Identify Common Covenant Default Triggers: Recognize loan agreement terms, such as financial ratios and reporting obligations, that could lead to covenant defaults
• Analyze the Consequences of Loan Defaults: Evaluate the legal, financial, and reputational impacts of both payment and covenant defaults on borrowers
• Learn Strategies to Avoid Loan Defaults: Explore proactive steps, such as effective communication with lenders and adherence to loan covenants, to reduce the risk of default
• Understand Lender Responses to Defaults: Gain insight into lender remedies, such as acceleration clauses, penalties, or restructuring, and how they affect borrowers
• Navigate Default Situations and Negotiate Outcomes: Develop strategies for managing default scenarios, including negotiating loan modifications, waivers, or restructuring to achieve favorable resolutions

Other Webinars in this Series

• Basic Concepts Applicable to All Borrowers & Lenders 2026 (Premiered on May 16, 2026)
• What Kind of Loan? 2026 (Premiered on April 15, 2026)