Secondary Trading Settlement Monthly - May 2021 Executive Summary

LSTA secondary loan trading volume dipped 8% in May to a five-month low $63.8B.  While May represented the second month in a row where volumes declined, the March ’21 comp was somewhat of an outlier at $75.3B.


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Term SOFR: Loans, CLOs in Scope!

By Meredith Coffey. This morning, the ARRC released best practice recommendations for the use of a SOFR Term Rate.