The secondary loan market returned to the black as heightened investor demand pushed CLO formation to record levels in August. The S&P LSTA Leveraged Loan Index (LLI) returned 0.47% in August, after July registered the first negative return reading of 2021, albeit a mere -0.01%.


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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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