Contributor : David Schwarz
The leveraged loan market has once again proven its resilience, with no impending near-term maturity wall and smooth sailing ahead.
A look at how the leveraged loan market performed in 2020 and what it reveals about expectations for this year.
Banks can take three steps to prepare for LIBOR’s eventual exit and ensure they incorporate the latest fallback language into their contracts.
Banks should be aware of and prepare for LIBOR’s phase-out by revisiting the fallback language in syndicated loan credit agreements.