Second Circuit Could Upend Syndicated Loan and CLO Markets

Jennifer Pastarnack authored the article, "Second Circuit Could Upend Syndicated Loan and CLO Markets," published by Bloomberg Law on September 13, 2022.

The article examines the implications of a Second Circuit appeals court decision that syndicated bank loans are securities. Such a ruling, she says, could jeopardize the markets for such loans and the collateralized loan obligations.