The following article first appeared in the Summer 2024 issue of Loans Magazine. In May 2022, the LSTA published revised Model Credit Agreement Provisions (“MCAPs”) which included modifications to the provisions relating to the treatment of entities prohibited from owning a borrower’s loans (the “LSTA DQ Structure”)1. We continue to hear from our members that...
This short video is on the LSTA DQ Structure discussed by Bridget Marsh, LSTA’s EVP and Deputy General Counsel. This 7 minute podcast goes into the concept of a disqualified lender and how the concept is handled in the LSTA Model Credit Agreement Provisions....
