Participation Agreement for Distressed Trades STCs (Jul 21 2023)

Distressed Participation Agreement STCs (July 21 2023)

This agreement is in two parts and is used to settle a par trade where the buyer cannot become a lender of record and must settle the trade as participation.  The second part includes the Standard Terms and Conditions.

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Distressed-Participation-Agreement-STCs-July-21-2023.docx
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