Pages from Index Monthly October 2019

Conditions improved in both the primary and secondary loan markets in September. More than $40 billion of institutional loans were launched into syndication, the busiest month this year,
and secondary prices recouped some of the losses seen in August, according to the S&P/LSTA Loan Index Monthly Review for September.


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LIBOR: The Future of Forward Looking Term SOFR

The syndicated loan market would really like an IOSCO-compliant Forward Looking Term SOFR to develop. If such a rate developed, it would solve several problems inherent in SOFR.