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February 2008

Leveraged Lending

This publication is part of:

Collection: Comptroller's Handbook

Series: Safety and Soundness

Category: Asset Quality


Leveraged Lending Cover Letter (PDF)


This booklet addresses the fundamentals of leveraged finance, summarizes leveraged lending risks, and discusses how a bank can prudently manage these risks.


This booklet applies to the OCC's supervision of national banks. References to national banks in this booklet also generally apply to federal branches and agencies of foreign banking organizations. Refer to 12 USC 3102(b) and the "Federal Branches and Agencies Supervision" booklet of the Comptroller's Handbook for more information. For information applicable to federal savings associations, refer to the former Office of Thrift Supervision Examination Handbook section 214, "Other Commercial Lending."