COVID-19 Coronavirus Business Impact: TALF 2.0: New Asset Classes, New Opportunities, New Challenges
This webinar covered the following:
The Federal Reserve (Fed) released an updated term sheet for the Term Asset-Backed Securities Loan Facility (TALF) program that both expanded and narrowed the program details by changing the range of assets that may be financed by the program. The Fed’s new term sheet provides further clarity on some of the details of the TALF program but continues to create ambiguities that may make it challenging for market participants to fully utilize the program. Dechert’s Matthew Hays and Timothy Spangler provided an update on what investors and sponsors need to know now about these TALF program developments, including the new asset classes and opportunities they provide. This webinar is part of a broadcast series covering the COVID-19 coronavirus business impact on the financial services and structured finance industry.