master participation agreement for par/near par trades – transaction specific terms May 4, 2026 The LSTA owns all intellectual property rights, including all copyright rights, in this document. This document may not be used, reproduced in whole or in part, adapted, modified, disclosed to others, or disseminated other than by members of the LSTA in...
master participation agreement for par/near par trades – standard terms and conditions May 4, 2026 The LSTA owns all intellectual property rights, including all copyright rights, in this document. This document may not be used, reproduced in whole or in part, adapted, modified, disclosed to others, or disseminated other than by members of the LSTA...
The existence of a Structuring Agent or Loan Coordinator (terms are interchangeable) has become standard in Sustainability-Linked Loans and has carried through to Green Loans.
LSTA and LMA have updated their ESG Diligence Questionnaire for investment managers, enhancing alignment with global standards. This revision streamlines ESG reporting, benefiting managers and the credit investor community. The Questionnaire offers specific guidance for broadly syndicated lending, addressing challenges in borrower communication. The blackline against the June 4, 2021 document is also attached below....
The First Lien/Second Lien Intercreditor Agreement results from the collaboration of the LSTA’s Primary Market Committee and the American Bar Association’s Business Law Section’s Commercial Finance Committee (ComFin Committee).
