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Prospect News home > News index > List of issuers L > Headlines for Loan Syndications and Trading Association > News item
Published on 12/18/2008 in the Prospect News Bank Loan Daily.

LSTA reconstitutes CLO working group as a result of market conditions

By Sara Rosenberg

New York, Dec. 18 - The Loan Syndications and Trading Association is reconstituting its CLO working group to address the changing market environment, according to a news release.

The working group will help market participants adapt to conditions such as technically driven price declines and an anticipated increase in default rates due to the deteriorating economic environment.


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