This agreement is in two parts and is used to settle a distressed trade where the buyer cannot become a lender of record and must settle the trade as a participation. The first part includes the Transaction Specific Terms and is completed by the parties.
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.