TALF 2.0 – Getting Ready for the June 17 Launch

On May 20, 2020, the Federal Reserve Board of Governors (the Fed) announced the first subscription date for funding under the Term Asset-Backed Securities Loan Facility (TALF) program of June 17, 2020. On the same day, the Fed also released an updated Frequently Asked Questions (the New FAQs) and Master Loan and Security Agreement (the MLSA). Although these have been seen by the investment community as positive developments, there remain open issues regarding key elements of the TALF program. Fund managers pushing hard to close their TALF funds in the coming weeks need to be careful that they will be in compliance with all of the Fed's requirements. Dechert partners Matthew Hays and Timothy Spangler will discuss the latest TALF developments and answer participant questions during this 30-minute webinar.

Timings

11:30 a.m. - 12:00 p.m. ET 

Please note that this event is closed to journalists, reporters and any other members of the press.  If you are a member of the press and are interested in speaking with someone about the topics being discussed at this event, please contact Ashley Baldev at ashley.baldev@dechert.com.