Pages from LSTA Par Confirm STC - Erroneous Payment (June 10 2021)

Although the EPP is still evolving and remains in draft, the LSTA has been working on the second step, ie, developing language for inclusion in our par trading documents should the seller of a loan be required to return a mistaken payment amount to the agent under the terms of the credit agreement.


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Membership in the 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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Climate Disclosures Must be Material

Tess Virmani weighs in on the SEC’s climate-related disclosure proposal, the LSTA’s response and what it could mean for the loan market.