TITLE

LSTA Takes Issue with WSJ Loan Coverage

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
September 2010
SOURCE
High Yield Report;9/27/2010, Vol. 21 Issue 39, p26
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article considers the response of the Loan Syndications and Trading Association (LSTA) to a September 16, 2010 article published by the "Wall Street Journal" concerning the possiblity of a stock market bubble. According to journal's article, investors are letting firms get more leverage and utilize leveraged financing. Furthermore, the article claimed that several loan issuance goes to the refinancing of corporate debts. LSTA emphasizes that there has been a modest amount of losses in the loan industry.
ACCESSION #
53995518

 

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