LSTA Releases Valuations Report on Level 3 Loans
LSTA, Inc. (“LSTA”), the trade association for the U.S. corporate lending market, today released a report detailing the valuation framework for performing Level 3 loans. The report highlights the approaches adopted by managers, investors, and regulators to enhance rigor and transparency in valuing private corporate credit (PCC) assets.
LSTA Member Firm Survey Shows U.S. Private Corporate Credit Market Has Grown to More Than $1.5 Trillion, Affirms Funds Employ Modest, Stable Leverage
LSTA, Inc. (the “LSTA”), the trade association for the U.S. corporate lending market, today released a report detailing data from its landmark survey on the U.S. private corporate credit market (“PCC”). The report provides a foundation for greater visibility on the size and leverage used in the asset class and a benchmark for the broader leveraged finance market.
