Search Results

Total Results: 

LSTA Newsletter: September 14, 2018

This week we cover Supervisory Statements & Leveraged Lending Guidance; Next Steps for LIBOR; Delaware Law, Loan Docs & Asset Transfers

LSTA Newsletter: April 20, 2018

This week we cover SOFR Snafu, Guidance Rumors, Small Company Bankruptcy Reform, and the LSTA’s ABA Panel

Rumors of the Guidance’s Death Have Been Greatly Exaggerated

Since the Comptroller of the Currency spoke at Las Vegas in February, rumors have been flying that Leveraged Lending Guidance is dead. In fact, it is not. Below, we discuss what the Comptroller said in his speech as well as recap what we’ve heard – from very good sources – about the future of the Guidance.

Leveraged Lending Guidance: What’s Next?

Last year, the fate of Leveraged Lending Guidance was thrown into question when Senator Pat Toomey alleged – and the Government Accountability Office (GAO) confirmed – that it was a Rule for the purposes of the Congressional Review Act (CRA). As we reported in December, Representative Leutkemeyer then wrote to the Federal Reserve, OCC and FDIC to ask what their next steps were in reviewing and possibly reopening the Guidance.

Leveraged Lending Guidance: Regulators Respond

The Leveraged Lending Guidance story line may be accelerating. In March 2017, Senator Toomey (R-PA) asked the Government Accountability Office (“GAO”) whether Leveraged Lending Guidance was a rule under the Congressional Review Act (“CRA”). 

Regulatory Watchlist

The next few weeks may be chockablock with regulatory goings-on that potentially affect the loan market. We provide a watchlist below, a recent presentation (attached) and will analyze each issue as details emerge.

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