Panel 1: What is Class Warfare
This panel discussed the controversial practices of “drop-down” financings (e.g., J. Crew) and “uptiering” transactions (e.g., Serta) and implications for the market.
Membership in LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.