Print PDF Presentation: LSTA's Introduction to the Loan Market, Documents & Market Practices Conference

LSTA's Introduction to the Loan Market, Documents & Market Practices Conference
February 15 & 16, 2007
Roosevelt Hotel, New York, NY

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