LSTA's Shift Date determinations are binding on all loan market participants. Parties to a distressed trade for which step up provisions apply are required to use the relevant shift date published by LSTA. To submit a Shift Date Request, email LSTAShiftDates@lsta.org with the borrower name, the title and date of the credit agreement, the deal and/or facility CUSIP, and name of the administrative agent.
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Membership in LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.
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