Publisher's Synopsis
Capitalize on the booming $1 trillion corporate loan market-a fully updated edition of the industry standard by the LSTA
This new edition of The Handbook of Loan Syndications and Trading addresses radical changes to the lending landscape caused by the global financial crisis. In addition to more than approximately $1.2 trillion of leveraged loans outstanding, the market has seen increased diversification of lenders, and today's market is dominated by CLOs, debt funds, and other institutional investors-all of which are covered in depth. New and revised topics include:
- Direct Lending (aka, shadow banking)
- Growth of the middle market
- Developments in acquisition finance and the role of the sponsor
- Deal term trends and the growth of aggressive lending terms
- The global financial crisis and its after effects
- Green loans and sustainability finance
- Transition away from LIBOR to replacement rate - SOFR
- Fintech and Blockchain
