Pages from LSTA Leveraged Lending and CLO White Paper - Oct 2019

Broadly syndicated loans to non-investment grade U.S. Corporations are widely misunderstood outside of the loan industry. A number of commentators imply that leveraged loans are shadowy corporate equivalents to pre-crisis sub-prime mortgages. This is clearly not true and, to respond to such conflations, the LSTA recently published this white paper addressing these views.

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LSTA-Leveraged-Lending-and-CLO-White-Paper-Oct-2019.pdf

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