Index Commentary - August 2022

Prices in the US leveraged loan secondary market rallied in the first two weeks of August, building on July’s momentum. The Morningstar LSTA US Leveraged Loan Index gained an impressive 2.09% from Aug. 1 through Aug. 16, on top of July’s 2.14% advance.

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Market Advisory on FIRPTA

The LSTA published a Market Advisory which discusses the implications of The Foreign Investment in Real Property Tax Act (“FIRPTA”).