This Market Advisory addresses trading English law governed loans on an LSTA Par Confirm and highlights certain additional representations parties may agree to include in the LSTA Par Confirm in those circumstances
This agreement is in two parts and is used to evidence the trade of a performing loan. The first part is completed by the parties.
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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.