![Pages from Exposure Draft_LSTA Master Participation Agreement for ESA_February 7 2024.pdf](https://www.lsta.org/app/uploads/2024/02/Pages-from-Exposure-Draft_LSTA-Master-Participation-Agreement-for-ESA_February-7-2024.pdf-pdf-789x1024.jpg)
The Master Participation Agreement – TSTs is executed by the dealer and each applicable open-end loan fund. The use of a pre-negotiated Master Participation Agreement can ease and standardize the expedited settlement process because it allows ESA trades to settle by participation without negotiation and, by design, by simply completing a schedule on which the relevant trade details are set forth. The LSTA has developed a Master Participation Agreement for Expedited Settlement template based on its existing form of Participation Agreement which is used widely in the loan market. Click here for more information.
File | Exposure-Draft_LSTA-Master-Participation-Agreement-for-ESA_February-7-2024.doc |
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