Focus
This working group is focused specifically on streamlining operational processes related to corporate restructurings.
Objective(s)
- Establish a structure around corporate actions, specifically restructure events, to improve communication and expedite the closing process
- Recommend standardized language in posting memos and/or lender presentations to clarify transactions at their launch
- Articulate the importance of issuing new facility CUSIPs/identifiers when there is a material update to a facility
- Set reasonable lender vote turnaround deadlines and create best practices around lender notices to ensure accurate processing
Frequency
As needed
Open / relevant to
All LSTA Members.
Invitation needed? No
Interested? Contact
Ellen Hefferan, Project Manager
(212) 880-3013
ehefferan@lsta.org