The LSTA this week hosted a webinar on Fund Finance. Cadwalader’s Mike Mascia joined Meyer Dworkin of Davis Polk, Joel Denny of Nomura and Tess Virmani of the LSTA to provide a high-level overview of subscription facility and NAV-based lending structures and terms. The panelists also provided insights into how the market is adjusting in the current disruption. The LSTA is making all of its COVID webinar replays available to the public. The webinar is available here.