S&P Extends CUSIP Coverage


Standard & Poor’s (S&P) is to launch a service that extends its CUSIP numbering system to syndicated loans, it announced last week. S&P says the service, due out next month, addresses the need for a unique identifier in that market.

S&P developed the Syndicated Loan Service, which assigns the CUSIPs, in conjunction with the Loan Syndications and Trading Association (LSTA), a trade association for the corporate loan market. The two ran a year-long pilot that ended earlier this month and culmin

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