This session examined credit agreement transfer provisions and primary allocation and par/near par trading documentation. Also got a basic primer on pricing calculations, along with a focus on some of the more complex pricing situations as well as best practices for primary and secondary trade settlement. Presented by: Ellen Hefferan, Executive Vice President of Operations...
This session examined credit agreement transfer provisions and primary allocation and par/near par trading documentation. Also got a basic primer on pricing calculations, along with a focus on some of the more complex pricing situations as well as best practices for primary and secondary trade settlement. Presented by: Ellen Hefferan, Executive Vice President of Operations...
Our speakers analyzed the secondary loan market, liquidity, and settlement times – with a concentration on the recent spike in volatility and the subsequent record levels of secondary volume. Then the conversation shifted over to settlement mechanics, as they examine credit agreement transfer provisions, primary allocation and secondary trade confirms, Standard Terms & Conditions and...
Our speakers analyzed the secondary loan market, liquidity, and settlement times – with a concentration on the recent spike in volatility and the subsequent record levels of secondary volume. Then the conversation shifted over to settlement mechanics, as they examine credit agreement transfer provisions, primary allocation and secondary trade confirms, Standard Terms & Conditions and...
The following article first appeared in the 2025 Winter Edition of Loans Magazine. Harvard researchers, after interviewing and studying more than 1,000 workers from Fortune 500 CEOs to Chipotle kitchen managers over a decade, may have cracked the code to being happier at work. The secret?
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...
Several federal regulatory agencies proposed a data collection rule under the Financial Data Transparency Act. As LSTA’s Ellen Hefferan explains, it is very problematic, especially for corporate loans.
During the second and final week of the LSTA’s 2024 Summer Series, the LSTA staff shared their own insights with our members on two key areas. On Monday, July 22nd, Elliot Ganz and Andrew Berlin presented a webinar, “Regulation and the Loan Market” during which they discussed the LSTA’s approach towards advocacy and policy. On...
This session will provide an overview on the secondary loan market, trading activity and settlement times. The session will then cover LSTA documentation provisions used by market participants to trade and settle loans, while examining the factors that drive loan settlement. Presented by LSTA colleagues - Theodore Basta, EVP of Market Analytics & Investor Strategy,...
This session provided an overview on the secondary loan market, trading activity and settlement times. The session will then cover LSTA documentation provisions used by market participants to trade and settle loans, while examining the factors that drive loan settlement. Presented by LSTA colleagues - Theodore Basta, EVP of Market Analytics & Investor Strategy, Ellen...
To facilitate shorter settlement times and improved agency services, collaborative communication and compromise are essential among the sell-side, buy-side, and administrative agents.
