Pages from LSTA Market Advisory Liability ManagementTransactions_December 20 2023

The Advisory summarizes the key features of the two main types of LMTs that have been prevalent in our market — the drop-down financing and the uptiering transaction – as well as some recent structures commonly referred to by market participants generically as “double dip” financings. The blackline version, against the document dated July 24, 2023, is attached below as well (it will open as a zip file where both files are located).

 

 

 

Downloads
File
LSTA-Market-Advisory-Liability-ManagementTransactions_December-20-2023.pdfBlackline_Market_Advisory_Liability-ManagementTransactions_July-24-2023-vs-December-20-2023.pdf

Become a Member

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.

View Current Members

Our Partners

CUSIPFitch Group logolseg_da_logo_hrz_rgb_posMorningstar
Total Results: 

Sort by:

The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…