August 14, 2019 - Yesterday, the LSTA released drafts of the LSTA trading documents to be used in connection with the new Primary Delayed Compensation Protocol. Below, please find links to the clean drafts and blacklines marking the changes to the current versions of the Par/Near Par Trade Confirmation and Standard Terms and Conditions for Par/Near Par Trades. The secondary documentation has been amended to reflect the addition of Pre-Trigger Trades and Post-Trigger Trades. Early Day Trades have been retained as they will continue to be applicable when the Primary Delayed Compensation Protocol does not apply.

You may want to refer to the Glossary of Terms and to the Primary Delayed Compensation Protocol which have been updated to reflect the documentation.

Please provide your comments by no later than September 10th. If you have questions or comments, please contact ehefferan@lsta.org.

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

LSTA Bylaws

BYLAWS of the Loan Syndications and Trading Association, Inc. Amended as of September 19, 2019

LSTA Newsletter – September 20, 2019

This week we explain the big SOFR jump, share Lee Shaiman’s and David Lerner’s Morning Consult op-ed, highlight some LIBOR […]

LSTA Meets With Rep. Andy Barr

This week LSTA members and staff met with Rep. Andy Barr (KY-06). Barr, a member of the House Financial Services […]

LIBOR Trending Too…

While the daily SOFR spike grabbed the headlines this week, other LIBOR coverage should be noted as well. First, LIBOR’s […]

SOFR Above Tuesday?

For those that missed it – which, based on our email traffic, was no one – the published overnight SOFR […]