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Loan Pricing Corporation Launches New Secondary Loan Market Intelligence Tool

NEW YORK, March 17, 2003 - Loan Pricing Corporation (LPC), a Reuters Company, announced today the launch of Secondary Market Intelligence (SMi)™ (https://www.smintelligence.com), a comprehensive and dynamic online tool for the Secondary Loan Market. SMi provides all of the data, news and analytics that secondary market buy and sell-side professionals need to make well informed buy/sell/hold decisions. The product solution draws from several information sources, including LSTA/LPC Mark-to-Market Pricing, providing users with access to state of the art analytics, breaking news, deal terms and conditions, and pricing information, right at their desktops.

Using this powerful, interactive platform, market participants are able to:

	View detailed and comprehensive information on secondary market prices, via LSTA/LPC Mark to Market Pricing;.
	Access analytics, news, and market information on key industry sectors and ratings actions;
	Drill down to content on the close to 1,000 issuers and 2,000 facilities that are active in the secondary loan market, including pricing, deal terms and conditions, company news, SEC filings and loan documentation;
	Get a comprehensive picture of how an issuer is performing, do comparisons through iQuery dynamic charting; and
	Track specific portfolios daily with Portfolio Watchlists.

"The secondary loan market is becoming more well-defined and liquid by the day. As this asset class continues to attract more participants, it creates a need for enhanced information and analytics on individual issuers, portfolios and the overall market. SMi is tailored to the way secondary market decisions are made," said Michele Kelsey, Senior Vice President of LPC.

"In order for the secondary loan market to continue to evolve, dealers and buy-side participants need an interactive platform with immediate access to current secondary market prices as well as related credit and market information," remarked Allison Taylor, Executive Director of the LSTA. "SMi provides the market with a first-class tool to achieve this goal."

The increase in entities that invest in bank loans creates enormous data and analytical requirements; SMi provides news, analytical insight and perspective on the market which is crucial to continuing to advance the development of the secondary market.

About Loan Pricing Corporation
Since 1985 Loan Pricing Corporation (LPC), a Reuters Company, has provided market players around the world with the most complete and accurate news, data and analytics on bank loans. LPC's coverage spans the United States, Europe, Middle East, Africa, Latin America, and Asia-Pacific via subsidiary Basis Point Publishing Limited. LPC's content is delivered via publications, on-line services and databases.

Loan Pricing Corporation (LPC) has earned its reputation as the premier global provider of loan market information and analysis through its in-depth focus on the loan industry and development of state-of-the-art products and services for bankers, borrowers, and loan investors.

For more information contact:

Loan Pricing Corporation
Michele Kelsey
Tel: 212-833-9366
Email: mkelsey@loanpricing.com

Kevin Elphick
Tel: 212-833-9362
Email: kelphick@loanpricing.com

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