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The September Secondary: A Glass Half Full?

The September secondary loan market turned out to be a glass half-filled (more on that later). Although returns on the S&P/LSTA Leveraged Loan Index remained…

Secondary Prices MARCH Higher

With two weeks already on the books in March, the secondary loan market has regained its footing over the past five trading sessions.  The average…

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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…