Bank Loans: What’s the attraction? - JPMorgan Chase
Bank Loans: What’s the attraction? 2 | Bank Loans: What’s the attraction? Bank loans typically pay a cash coupon that resets in accor-dance with changes in short-term interest rates, primarily LIBOR. This floating rate coupon mitigates the risk of rising interest rates. A standard bank loan coupon is LIBOR (“L”) plus ................
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