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"When we considered utilizing the standard LSTA market document, we found that it couldn't handle the inevitable 'credit-specific' modifications that arise from time to time."

24 Feb 2006

-- Howard Shams, managing director in leveraged finance at Credit Suisse, regarding loan-only credit default swap documents.

"When we considered utilizing the standard LSTA market document, we found that it couldn't handle the inevitable 'credit-specific' modifications that arise from time to time." -- Howard Shams, managing director in leveraged finance atCredit Suisse, regarding loan-only credit default swap documents.

24 Feb 2006