Events, Jennifer K. Grady, Jon Kibbe, Paul B. Haskel
Presentation: The Loan Syndications and Trading Association
February 16, 2007
LSTA's Introduction to the Loan Market, Documents & Market Practices Conference
Location and Date: Roosevelt Hotel, New York, NY – February 15 & 16, 2007
Paul Haskel gave a presentation regarding a Review of Par/Near Par Standard Documents and the Closing Process.
- Par/Near Par Trade Confirmation and Standard Terms & Conditions
- + 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
Jon Kibbe and Jen Grady gave a presentation regarding Loan Credit Default Swaps.
- Overview of LCDS New Product Development
- General Terms of CDS and LCDS trades
- "Syndicated Secured" determined by the trading standard
- Physical Settlement using modified LSTA documentation
