At the request of junior lawyer members, we have launched a series of podcasts on different LSTA forms. The first video in the series discusses the LSTA’s Form of Fronting Letter Agreement which was published in 2017. This form of letter agreement is designed to be sent by the lead arranger to the co-arranging banks...
This form sets out the terms upon which the lead arranger sells to the co-arrangers their pro rata share of any late settling primary trades....

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