S&P and LoanX Team Up for the Buy Side

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Standard and Poor’s (S&P) has teamed up with LoanX, an electronic valuation and trading platform for the syndicated loan market, to develop a loan evaluation service for the buy side.

S&P Loan Evaluations Service will enter beta testing next month and go live in August or September, says Mark Abromowitz, manager of syndicated loan evaluations at S&P.

The service will offer loan market investors independent price point-of-views on all loans, including not-actively traded loans. Users can acce