Commercial Banks Wait For Restructuring Clause In LCDS

18 Oct 2007

Commercial banks are hesitant to participate in the U.S. LCDS market because there is not a restructuring option built into the standardized contract.

Commercial banks are hesitant to participate in the U.S. LCDS market because there is not a restructuring option built into the standardized contract. Speaking to DW at The Loan Syndications and Trading Association annual conference last week, officials at commercial banks said they would like to start buying ...

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