Pages from Par Participation Agreement TSTs (Sept 13 2021)

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 a participation.  The first part includes the Transaction Specific Terms and is completed by the parties.

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Par-Participation-Agreement-TSTs-Sept-13-2021.docx

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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”).