LLI Monthly - Mar 2021

An 11-month rally in the U.S. leveraged loan market secondary market stalled out in March, as the S&P/LSTA Leveraged Loan Index returns were virtually flat, at -0.0025%, dipping into the red for the first time since the dramatic sell-off a year ago at the onset of the pandemic.

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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”).