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Term Asset-Backed Securities Loan Facility update

Sidley Austin LLP

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USA February 8 2009

On February 6, 2009, the Federal Reserve Board released additional terms and conditions,1 including preliminary loan rates and collateral haircuts, relating to its previously announced Term Asset-Backed Securities Loan Facility (“TALF”).

Sidley Austin LLP - <a target="_blank" href="http://www.sidley.com/rossner_daniel/">Daniel M. Rossner</a>, <a target="_blank" href="http://www.sidley.com/carlson_rj">R.J. Carlson</a>, <a target="_blank" href="http://www.sidley.com/kowal_mark/">Mark J. Kowal</a> and <a target="_blank" href="http://www.sidley.com/ourpeople/Detail.aspx?attorney=1108">Paul R. Wysocki</a>
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Filed under

  • USA
  • Banking
  • Securitization & Structured Finance
  • Sidley Austin LLP

Tagged with

  • Asset
  • Loan
  • Collateral (finance)
  • Security (finance)
  • Federal Reserve Board of Governors
  • Rates (tax)
  • Patch (computing)
  • Haircut (finance)
  • Academic term

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Related USA articles

  1. Term Asset-Backed Securities Loan Facility update *
  2. Federal Reserve and Treasury provide TALF pricing, haircuts and other further revised terms *
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