Loans Magazine – Summer 2020 Edition

It begins with a letter from Lee Shaiman, LSTA Executive Director, to membership followed by an article exploring potential shifts in the political landscape with the upcoming election this November. We continue with a series of articles on the many aspects of the LIBOR/SOFR transition, an analysis of the secondary loan market, and a discussion about defaults, performance expectation and covenants in a world with Covid-19. We then take a look at the exciting and growing sustainable finance sector and discuss a recent victory in the “loans as securities” Kirschner case. Finally, we discuss regulatory updates and provide valuable insights into the Main Street Lending Program and the TALF program.

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