Presentation: The Loan Syndications and Trading Association
May 9, 2006
An Introduction to the Loan Market & LSTA Documents and Market Practices
Location: Marriott New York Financial Center, New York City
Paul Haskel spoke regarding a Review of Par/Near Par Standard Documents & the Closing Process
- Par/Near Par Trade Confirmation and Standard Terms & Conditions
- T + 7 Par Settlement Timeline
- Bilateral Netting Agreement – Par/Near Par
- Multilateral Netting Agreement – Par/Near Par
- Sample Par/Near Par Participation Agreement
- Par Trades That Do Not Settle on Time – Buy-In and Sell-out
