This comment letter on the Main Street Loan Programs on the April 9, 2020 term sheets for the Main Street New Loan Facility (“MSNLF”) and the Main Street Expanded Loan Facility (“MSELF”) (collectively, the “Main Street Program”)....
On April 9, 2020, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy. The programs include an unsecured “Main Street New Loan Facility”, a secured “Main Street Expanded Loan Facility” and an expanded TALF program that now includes AAA tranches of new CLOs....
On April 9, 2020, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy. The programs include an unsecured “Main Street New Loan Facility”, a secured “Main Street Expanded Loan Facility” and an expanded TALF program that now includes AAA tranches of new CLOs....
