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Distressed Trading – Interest Conventions

Today the LSTA published a Market Advisory addressing whether a credit trading on LSTA distressed documentation should trade on a “Settled Without Accrued Interest” basis…

The FED Goes Main Street

Last week, the Federal Reserve Board announced the rollout of two corporate loan purchase facilities collectively called the Main Street Lending Program (“MSLP”).

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LSTA Newsletter: July 10, 2020

This week we cover: Lee Shaiman continues our examination of CLOs and (de minimus) systemic risk,Ted Basta drills into secondary loan market performance, Meredith Coffey…