written by Bridget Marsh. Today, we published the LSTA’s Guidance Note and Confidentiality Legends for Distribution of Syndicated Loan Marketing Materials.
BUSINESS CONTINUITY PLANS FOR THE SYNDICATED LOAN MARKET March 9, 2020 - Updated March 18, 2020. Members of the LSTA have taken multiple steps over the preceding days to ensure business continuity and a well-functioning loan market during the coronavirus (COVID-19) outbreak. Members are following Center for Disease Control and state and local health authority...
This presentation is Part 2 of the Direct Lending webinar which covered the first part and provided analysis of differences between direct lending terms and syndicated lending terms; Discussion of distressed direct lending and Overview of “Uni-tranche” facilities...
1 The U.S. Syndicated Loan Market Trends in Credit Cycles and Systemic Risks Introduction to Loans and CLOs 3 What are Leveraged Loans? Senior Secured Loans Senior Senior-most debt obligations in capital structure of non-investment grade companies Repaid before other debt obligations and equity holders Secured Secured by collateral, generally a company’s...
Tess Virmani (LSTA) moderated the “Current State of the Syndicated Loan Market” CLE at the ABA Business Law Section’s Spring Meeting in Orlando, which looked at deal term trends and recent policy developments in the corporate loan market....