This issue provides LSTA members with valuable content on the latest developments in the syndicated loan market and beyond. It begins with LSTA Executive Director, Lee Shaiman, and his letter to membership that questions, “will inflation will be the next big challenge for the loan market?”. David Chimiel, from Global Torchlight Limited, follows with an overview on the geopolitical landscape for 2022. LSTA staff and select members then transition to market trends, including ESG regulations, credit ratings in an Evolving ESG landscape, the last days of LIBOR, and a sneak peek at the market’s year in charts. Finally, we turn to advocacy & legal trends, with coverage on the political environment & LSTA advocacy initiatives, mediation in the loan market, and finally litigation finance.