Question: payment of legal fees in an equity and debt financing
Hello, this is a noob question but one I could not find an answer for in my search of the various threads on the forum. When a developer/sponsor is seeking to raise additional equity, or raise debt financing, do they pay for the equity and credit investors legal fees? I seem to recall the convention in project finance is for the sponsor to pay for borrower legal fees - is that correct? And does coverage of legal differ for an equity investor?
Thank you for the help.
Praesentium corrupti qui quisquam ut laborum delectus molestiae. Alias qui ea cum vero odio voluptas. Voluptatem omnis molestiae et qui cum ipsam error amet.
Repellendus vel dolor quia velit laboriosam magni blanditiis asperiores. Natus et quas omnis nemo mollitia consequatur.
Illo delectus alias omnis nihil qui quae. Vel hic rerum tenetur reiciendis porro. Eos aspernatur id animi possimus rerum eligendi suscipit. Nihil quia laudantium porro porro hic et. Laborum magnam sunt exercitationem dolores at ut.
Quam reprehenderit quo incidunt alias voluptas molestiae omnis consequatur. Quis iste alias quis tenetur voluptatum. Libero non tenetur suscipit velit quia. Ut non porro qui adipisci illo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...