On January 9th, Prime Minister Boris Johnson’s Withdrawal Agreement Bill passed through its final stage in the House of Commons. With no more Parliamentary hurdles expected, the UK now seems ready to leave the EU, as scheduled, on January 31st. We were thrilled that our expert on Brexit, Clifford Chance’s Partner Simon Crown, returned to update us on the developments of the last few months and let us know what we can expect when Brexit really does take place.

EVENT DETAILS

Thursday, January 16, 2020
11AM to 11:30 AM (ET)|Webcast Only
Replay|Scroll Down to View

SPEAKERS

  • Simon Brown, Partner, Clifford Chance
  • Bridget Marsh, EVP and Deputy General Counsel, LSTA, Intro
Generic Webcast (October 2019)

Become a Member

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.

View a list of all members.

Our Partners

cusip-global-services-vector-logo.svgFitch Group logoRefinitiv-(March-2019)SP-Global-Market-Intelligence

Search Results by Relevancy

SOFR Index (and Averages) are Coming!

he SOFR Index (and Averages) have created considerable buzz in the loan space. The good news: Last week, the New York Fed announced it would start publishing them on March 2nd. The bad news: Due to various loan idiosyncrasies, these tools – while still beneficial! – may be less useful than for other asset classes. We explain all below.

LSTA Newsletter – February 14, 2020

This week, we start off talking about how “loans as securities” might morph into “loans as direct loans”. On a related(ish) note, we also discuss direct lending trends. We dig into LBO trends, looking at now (2019) and then (2007). And, finally, we ponder the evolution to SOFR (and, specifically, cash spread adjustments).

LBOs: Less Leverage? More Flex!

An eternal question is “How do the current crop of leveraged loans compare to the 2007 vintage?” Today we have an answer. Covenant Review recently compared recent jumbo LBOs to their pre-crisis counterparts

Quarterly Bankruptcy Roundup

This week Rich Levin of Jenner & Block once again presented his quarterly review of recent court decisions of interest and importance to the lending and bankruptcy world.

LIBOR & SOFR: Spread Adjustments

Folks that know LIBOR is likely to end soon after December 2021 probably also know that SOFR, the likely replacement for USD loans, is a different kind of rate. While LIBOR theoretically includes an element of bank credit risk, SOFR is an overnight risk free rate.