News & Analysis as of

Broker-Dealer › Delayed Compensation

Kramer Levin Naftalis & Frankel LLP

LSTA Imposes New Rules for Par Trades in the Secondary Bank Loan Market

Kramer Levin Naftalis & Frankel LLP on

Delayed compensation is currently a “no fault” adjustment to a purchase price that compensates a buyer for a delay in settlement beyond T+7 (seven days after the trade date). Under the LSTA’s new “requirements-based...more

1 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide