How will U.S. CLOs, asset managers, and the Leveraged Finance markets overall fare under peak cycle conditions and a potentially decelerating economy? Justin Patrie, head of Fitch Wire, leads the discussion in the latest installment of the Late Cycle Roundtable series.
| File | Late-Cycle-Risk-June-27-2019.pdf |
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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.
The Protocol applies to a “Primary Allocation” which is an allocation of new money by a syndicate desk in connection with either (i) a new issue syndication or (ii) an amendment of an existing Credit Agreement. In addition, the Protocol affects when-issued secondary trades by (i) changing what constitutes an Early Day Trade and (ii) […]
Current draft of the Primary Allocation Confirmation Standard Terms & Conditions
This draft shows modifications to the current Standard Terms & Conditions for Primary Allocation Confirmation dated August 12, 2019