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Post by congregatio on Jun 17, 2014 7:42:07 GMT 4
The U.S. Loan Syndications and Trading Association ("LSTA") has updated various LSTA documents for Par and Distressed Trade Transactions. The amendments apply to all trades with a trade date on or after 24 April 2014 and incorporate provisions including:
the Foreign Account Tax Compliance Act (FATCA); changes to the LSTA's participation agreements (to bring in line with the various changes made to the Collateral Annex last year); and, other non substantive changes.
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