Search Results
Total Results:
LSTA Newsletter: July 23, 2021
This week we cover Term SOFR OK'd for Loans, CLOs! Term SOFR Loan Conventions Released! Bankruptcy Solution II!
Term SOFR: Loans, CLOs in Scope!
By Meredith Coffey. This morning, the ARRC released best practice recommendations for the use of a SOFR Term Rate.
CLOs & the Multi-rate World
By Meredith Coffey. It’s possible – indeed, inevitable – that loans will exist in a multi-rate world after LIBOR originations cease in late 2021.
Defaults are Down, Investors are Up
By Meredith Coffey. So far, 2021 is looking much better than the same time last year.
CLOs and Volcker
Is it Safe? Are the Volcker Rule reforms still subject to voidance under the Congressional Review Act? The LSTA takes a deep dive.
GAO: Leveraged Lending Does Not Pose Threat to Financial Stability
The Government Accountability Office (GAO) released a report on Wednesday finding that leveraged loans and CLOs do not pose a threat to financial stability at…
CLOs & LIBOR: Release and Replacement Language
There were two big LIBOR headlines on Monday this week. First, the WSJ reported that trader Tom Hayes, who was convicted of rigging LIBOR, is…
SEC Speaks (to CLOs)
On Monday, the SEC released a report, US Credit Markets: Interconnectedness and the Effects of the COVID-19 Economic Shock, which included a chapter on CLOs…
The Volcker Rule, CLOs and the CRA: Is the Story Over?
As we noted recently, the federal banking agencies together with the SEC and the CFTC recently published a final rule on the “Covered Funds” portion…
Become a Member
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.
Our Partners
