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FASB Proposes Relief For LIBOR Transition

The Financial Accounting Standards Board (FASB) released proposed guidance last week intended to ease the potential accounting burdens of LIBOR transition for loan market participants.

LIBOR: Tax Relief Cometh?

The Office of Information and Regulatory Affairs announced last week that the Treasury Department will consider issuing guidance to define the tax implications of LIBOR…

FASB: More LIBOR Relief

The Financial Accounting Standards Board has agreed to issue additional LIBOR transition relief, providing the loan market assurance that the accounting body will address the…

LSTA Hosts Accounting Changes Webinar

On November 14th, the LSTA hosted a webinar on “Planning for Changes in GAAP: Credit Agreement Implications” presented by Howard Friedman of PriceWaterhouseCoopers, Ken Steinberg…

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CLO Snapshot: Past and Future

December 8, 2022 - It has been a challenging – though perhaps ultimately rewarding – year in the CLO space. Despite a tricky arbitrage environment,…