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CLOs and Volcker

Is it Safe? Are the Volcker Rule reforms still subject to voidance under the Congressional Review Act? The LSTA takes a deep dive.

GAO on LLG: What Now?

Last week we reported that the Government Accountability Office (“GAO”) issued an opinion that the Leveraged Lending Guidance (“LLG”) was a “rule” subject to the…

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LIBOR: The Other Term SOFR

August 10, 2022 - The good news on LIBOR transition is that corporate loan market has largely stopped originating new loans on LIBOR and nearly…

Hot Topics in LIBOR: Remediation Survey

With less than 15% of outstanding US leveraged loans on SOFR, LIBOR remediation is moving more slowly than most folks would like. The LSTA’s Meredith…