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Loan Market Legal & Documentation

Standardizing loan documentation is a core function of the LSTA. Our suite of primary and secondary loan market documents is consistently updated and augmented each year. Timely market advisories offer guidance and help resolve market issues.

Standard Docs

Displaying 11-15 of 17 results.
DateTitle/DescriptionFiles
Dec 22, 2015

LSTA Form of Contractual Recognition Provision

This provision addresses Europe’s bail-in rule, and parties may choose to include this provision in their primary loan market documents where appropriate.  Non-Member Price is $1,000. Call (212) 880-3000 to inquire about purchase.

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Aug 8, 2014

Model Credit Agreement Provisions

This form includes select provisions of a New York law governed credit agreement (eg, tax, yield protection, agency, assignment, defaulting lender, and disqualified institution provisions, etc) and are suitable primarily for leveraged finance transactions.  Non-Member Price is $5,000. Call (212) 880-3000 to inquire.

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Aug 8, 2014

Form of Assignment Agreement

This is a form of assignment agreement (which is typically attached as an exhibit to a credit agreement) which can then be used to transfer a loan from assignor to assignee.  Included in Model Credit Agreement Provisions.  No Charge. Call (212) 880-3000 to inquire about receiving this document.

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Aug 8, 2014

Cashless Roll Letter Agreement

This agreement may be used for cashless rollover transactions which  involve the replacement of existing loans with allocated loans without an actual funding of the new, allocated loans or the repayment in cash of the existing loans.  Non-Member Price is $2,000. Call (212) 880-3000 to inquire about purchase.

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Aug 8, 2014

DQ Structure Memo

This memo explains the details of the LSTA’s disqualified institution structure included in the LSTA Model Credit Agreement Provisions.  Members Only.

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Market Advisories

Displaying 6-8 of 8 results.
DateTitle/DescriptionFiles
Feb 20, 2015

Disqualified Institutions/DQ Lists

This Advisory explains the details of the LSTA’s disqualified institution structure included in the LSTA Model Credit Agreement Provisions.  Members Only

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Aug 23, 2013

No Assignment to Natural Persons

This Advisory addresses the prohibition on the assignment of loans to natural persons.  Available to Non-Members. Call (212) 880-3000 to inquire about receiving this document.

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Feb 15, 2013

Swap Regulations’ Implications for Loan Documentation

This Advisory addresses the implications for loan documentation raised by 2013 regulatory activity relating to the term "swap" and establishing that the guarantee of a swap is itself a "swap.  Members Only.

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Guidelines & Memos

Displaying 11-15 of 16 results.
DateTitle/DescriptionFiles
Oct 1, 2007

User's Guide to the Physical Settlement Rider for Syndicated Secured Loan Credit Defaults Swaps

Non-Member Price is $2,500. Call (212) 880-3000 to inquire about purchase.

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May 22, 2006

Agency Splash Page Principles

Members Only.

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May 18, 2005

Primary Market and Agent Transfer Practices

Members Only.

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May 19, 2003

Guidance Note and Confidentiality Legends for Distribution of Bank Books

Members Only.

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Apr 21, 2003

Standard Amendment Procedures

Non-Member Price is $1,000

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Drafts

Displaying 1-1 of 1 result.
DateTitle/DescriptionFiles
Jan 4, 2019

Form of LSTA Leveraged Credit Facilities Term Sheet

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Blacklined Documents

Displaying 1-5 of 5 results.
DateTitle/DescriptionFiles
Mar 7, 2019

US Sanctions Issues in Lending Transactions

Blacklined against the US Sanctions document dated August 1, 2018

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Mar 1, 2019

Form of Agreement Among Lenders (AAL)

Against the Exposure Draft dtd January 30, 2019

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Oct 10, 2018

Divisons by Delaware LLCs

Blacklined against the draft dtd September 28, 2018

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Aug 10, 2018

Blacklined - New ERISA Representations for LSTA MCAPs

Against the draft dtd July 13, 2018

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May 11, 2018

Revisions of LSTA's Form of Revolving Credit Facility

Certain revisions to the LSTA's Form of Revolving Credit Facility which address this issue (for example, the conditions precedent have been expanded to reference this and a covenant has also been included which requires the borrower to deliver the certificate).

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