avril 10 2020

Federal Reserve Revises New TALF Program Term Sheet

Authors:

James J. Antonopoulos,
Julie A. Gillespie,
Stuart M. Litwin,
Lindsay M. O'Neil,
Jan C. Stewart,
Angela M. Ulum

The Federal Reserve issued a revised term sheet on April 9, 2020, for the Term Asset-Backed Securities Loan Facility (“TALF 2020”) that was initially announced on March 23, 2020. This Legal Update summarizes the revised terms and conditions applicable to TALF 2020 and updates a Legal Update we previously issued on March 24, 2020.

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