New Banking Guidance May Impact Leveraged Lending

Law360, New York (August 9, 2013, 6:46 PM EDT) -- In March 2013, the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued the final version of their new supervisory Interagency Guidance on Leveraged Lending. To the extent that the guidance causes a tightening in underwriting policies at regulated banks, it could ultimately lead to a relatively smaller role in the leveraged finance market for loans by regulated banks and a larger role for less regulated products and providers, including private funds.

To Whom Does the Guidance...
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