Loan Syndications and Trading News

Fact Sheet: Open End Mutual Funds and Loans

Fact Sheet: Leveraged Loans in the U.S.

Fact Sheet: Loan Mutual Funds and Liquidity

November 18, 2015, New York, NY – In observance of Thanksgiving, the Loan Syndications and Trading Association (LSTA) recommends treating Thursday, November 26, 2015 as a loan market holiday for purposes of calculating delayed compensation under the LSTA standard forms of trade confirmation.

October marked the fifth consecutive month of red-ink for the S&P/LSTA Leveraged Loan Index (LLI).  But October’s -0.18% return was actually a three-month high as bid levels in the secondary market fell “only” 56 basis points.  Today, the average bid on the LLI sits at 93.6 (a 40-month low) while YTD index returns have fallen to 1.25%. 

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