Pages from LSTA Proposed Loan Term Sheet 4003(b)

LSTA recently submitted this term sheet that anticipated some of the challenges that we are currently observing in the proposed MSLP facilities.  The term sheet also proposed a series of practical options that would facilitate loan programs structured under the CARES Act.

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LSTA-Proposed-Loan-Term-Sheet-4003b.pdf

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January: Cold Temps, Hot Markets

Thanks both to improving sentiment – case study: Nasdaq’s 2% jump following the Fed’s 25 bps rate rise on Wednesday.