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Is Loan Documentation Rational?

Covid-19 is focusing attention on economic pressures and, potentially, defaults and recoveries. Recently, we received some additional interesting perspective into loan recovery given default (RGD).

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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.

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Bye-Bye, BSBY

Bye Bye, BSBY” upon BISL’s announcement of BSBY’s future cessation.