What’s New in the LSTA's Updated Revolving Credit Agreement?
By: Michael Evan Avidon, Moses Singer Partner
Jeffrey Nagle, Cadwalader, Wickersham & Taft LLP
Bridget Marsh, Loan Syndications and Trading Association
The Loan Syndications and Trading Association was formed more than twenty-five years ago, and since that time its mission has been to create a fair, orderly, efficient, and growing corporate loan market that provides leadership in advancing and balancing the interests of all market participants. As part of that core mission, the LSTA’s legal team works to standardize agreements that are typically used by loan market participants. Over the years, the LSTA’s suite of documents has grown, and it currently stands in excess of 200 documents, all of which are available to members on the LSTA website.

