Our panel of experts, from A&O Shearman, provided a broad overview of the incoming licensing requirements, as well as the implications and interpretations that are causing concerns/issues for banks in the US loan markets....
Panelists discussed this year’s volatile market conditions and the shifting economic outlook, with a focus on the broadly syndicated loan (BSL) market. Discussion topics will include loan documentation, signs of stress in portfolios, sectors facing increased risk, and the current default landscape—including liability management transactions (LMTs) and their effect on recoveries. Panelists also share their...
Our speakers analyzed the secondary loan market, liquidity, and settlement times – with a concentration on the recent spike in volatility and the subsequent record levels of secondary volume. Then the conversation shifted over to settlement mechanics, as they examine credit agreement transfer provisions, primary allocation and secondary trade confirms, Standard Terms & Conditions and...
This session examined the who, what, why and how of private corporate credit which now accounts for more than $1.5 trillion of corporate lending. Market participants will leave this webinar with a sound understanding of private corporate credit, why it is an attractive option for certain borrowers, and why growth is expected to continue. Panelists...
This session provided a foundational understanding of the asset class, covering key market participants, securitization mechanics, the CLO lifecycle and typical CLO structures and protections. Panelists included: Andrew Berlin, Vice President, Director of Policy Research, LSTA; Anusha Joly, Managing Director, Head of CLO Originations and SPG Syndicate, SMBC; Paul St. Lawrence, Partner, Morgan, Lewis &...
This panel provided insights on the evolving anti-environmental, social and governance (“ESG”) and anti-diversity, equity and inclusion (“DEI”) movements in the US, Canada and the EU. There was a comprehensive look at the nature and status of such challenges and what a defensive sustainability strategy addressing global challenges might require. The panelists addressed the question...
This session introduced LSTA’s Statement of Principles for the Communication and Use of Confidential Information by Loan Market Participants and the different categories of information in the loan market, the concept of Material Non Public Information (MNPI), and how the loan market trades on this information. It also provided an overview of recent market developments...
This session examined the differences (and similarities) between the typical investment grade credit agreement and the typical leveraged finance credit agreement. This built on and reinforced what attendees learnt in the first week on credit agreements more generally. Panelists included: Partners, Jon M. English, Thomas C. Mellor and Ian M. Wenniger from Morgan, Lewis &...
Regulation impacts the corporate loan market in many ways. Education, advocacy and even litigation are tools the LSTA uses to engage with regulators and legislators on the development of well-tailored, data-driven policies and push back where needed. This session dove into the many layers of this dynamic. Panelists included: from LSTA, Inc. Andrew Berlin, Vice...
Part One of this webcast was held on June 30th. Given the number of attendees, the positive response to the session, and the questions asked, we organized a short 30 minutes Part Two to wrap up the discussion and address the questions that were submitted by attendees. Panelists included: Kam Hessling, Managing Director, LMA; David...
2025 Summer Series - Day 3: Milbank partners focused on the basics of a credit agreement, including typical representations, covenants, and defaults & enforcement. Presented by: Milbank Partners - Meir S. Hornung and Spencer Pepper....
2025 Summer Series - Day 2: Milbank partners focused on the basics of a credit agreement, including typical representations, covenants, and defaults & enforcement. Presented by: Milbank Partners - Meir S. Hornung and Spencer Pepper....
