Stay updated with breaking news from Delayed Settlement Date. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Effective December 1, 2021, the Loan Syndication and Trading Association (LSTA) has issued a revised suite of loan trading documents modified to replace LIBOR (London Interbank Offered...
Effective December 1, 2021, Loan Syndication and Trading Association LSTA issued a revised suite of loan trading documents modified to replace LIBOR London Interbank Offered Rate with SOFR Secured Overnight Financial Rate as metric by which cost of carry will be calculated for all new loan trades
Our Distressed Debt & Claims Trading Team examines how the Loan Syndications and Trading Association is updating its standard terms and conditions to prepare for the end of LIBOR.