LMA launches new Super Senior High Yield Facility & Intercreditor Documentation
We have launched a new recommended form of Super Senior Multicurrency Revolving Facility Agreement and associated Intercreditor Agreement for use in those transactions which assume a super senior revolving facility, senior secured note and high yield note structure (the "Super Senior HY Documents").
Revised suite of Facility Documentation
We have published a revised suite of facility documentation. The
changes focus on three areas: (a) a comprehensive revision of the
interest provisions; (b) operational changes; and (c) auditor control
provisions. The LMA has also published new slot-in drafting for certain
domestic interest rate benchmarks.
LMA November Monthly Update
For the latest legal & regulatory news, regulatory submissions, briefing notes and upcoming LMA events.
Guidance Note on FATCA for Agents in Model II IGA Jurisdictions
The LMA has produced a Guidance Note on FATCA for Agents in Model II IGA Jurisdictions. A copy of the note can be found under Issues & Guidance.
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.