The immediate focus of companies during the market crisis has been to ensure sufficient levels of liquidity, but focus is now shifting to identifying deleveraging opportunities with secondary market loan prices having fallen well below par.  This presentation was done by Carolyn Zander Alford, Partner, King & Spalding, Ted Basta, EVP of Market Analytics & Investor Strategy, LSTA, William H. Fuller III, Partner, King & Spalding and Tess Virmani, Associate General Counsel & EVP, Public Policy, LSTA, Intro