• LMA
    The Loan Market Association (LMA) has as its key objective improving liquidity, efficiency and transparency in the primary and secondary syndicated loan markets in Europe, the Middle East and Africa.
  • LMA
  • LMA

What's New

Sanctions: OFAC SSI List Sanctions

The LMA has released a guidance note on the impact of certain sanctions recently imposed by the US Treasury Department's Office of Foreign Assets Control under Executive Order 13662.

LMA News July 2014

  • Spotlight on private placements: Product focus and documentation review
  • The return of European covenant lite loans: Linklaters
  • Success drivers of the Schuldschein market: Allen & Overy and Commerzbank
  • Telecoms and utility sectors most exposed, despite eurozone recovery: Fitch Ratings
  • Turkish Infrastructure - overview and sources of funding: EBRD
  • US leveraged loan market and regulation: LSTA

Sanctions: Guidance Note

The LMA has issued a further guidance note on sanctions, which provides a brief and non-comprehensive overview of the legal basis of US and EU sanctions regimes and flags transactional concerns and potential protections that Members may wish to consider including in loan documentation, where relevant in the context of a particular transaction

LMA responds to the ECB and the Bank of England ("the Central Banks") consultation for a better functioning securitisation market

The LMA has responded to a discussion paper issued by the Central Banks on the case for a better functioning securitisation market in the European Union.

We have provided the Central Banks with our specific recommendations as to what could be done to improve securitisations in the context of CLOs, as well as general feedback relating to the CLO market generally.

LMA July Monthly Update

The LMA's July Monthly Update is now out summarising the latest legal & regulatory news and with updates on recent LMA initiatives.

Update to LMA documentation

We have revised our suite of documentation to incorporate, amongst other things, provisions to make FATCA a payee risk, where considered relevant for the particular market.

LMA launches new Intercreditor Agreement for use in real estate finance transactions

We are pleased to announce the launch of our new recommended form of Intercreditor Agreement for use in real estate finance transactions (the "REF Intercreditor").

Notice on the application of competition law to syndicated loan arrangements

In the light of recent changes to the UK competition law regime, the LMA has produced a notice on the application of competition law to syndicated loan arrangements

 

 

London Conference 2014
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