An updated version of this document was published on December 17, 2021.  This version is available for reference with ISDA’s Template IV-A and Template II-L (LSTA Daily Simple SOFR). See ISDA website.


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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.

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