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news, comment, analysis and data on the global business of credit trading and investing
Landsbanki
Landsbanki Islands is a Reykjavík, Iceland-based financial with $13.75...LCDS
See loan-only credit default swap.Lehman Brothers
Lehman Brothers is a New York-based financial with nearly $600 billion of...Letter of credit
A loan in which the lender guarantees to repay a commitment incurred by the...Leverage ratio
The ratio between the amount of debt a borrower has outstanding and its annual...Libor floor
A feature sometimes used in pricing debt instruments whose interest payments are...Lien
The right of a creditor to take possession of certain property of a borrower...Liquidity
...Loan only credit default swap (LCDS)
A credit default swap in which a credit event can be triggered by any of the...Loan participation
The sale of the economic benefit and commitment of a loan which leaves the...Lyondell Chemical
Lyondell Chemical is a US-based chemicals company with approximately $19.4...LyondellBasell Industries
LyondellBasell Industries is a Luxembourg-domiciled, global chemicals company...
