the authoritative voice of the EMEA market

Whats New

Loan Market Insight

Covenant-Lite Returns with a Vengeance, Eroding Investor Protection (19 June 2017)
Moody's Report

High Yield Interest European Edition (July 2017)
Moody's Report

Q217 European Leveraged Loan Chart Book (August 2017)
FitchRatings Report

Thomson Reuters LPC's Global Loan Market Data & Analytics (June 2017)
Thomson Reuter's LPC Report

All Lines are Busy for European LevFin Refinancing (5 July 2017)
Dealogic's Insight

KKR: A Rising Star in Leveraged Loans (12 July 2017)
Dealogic's Insight

CreditMatters EMEA (11 July 2017)
Standard & Poor's Ratings Services Report

Capital Markets View: High Yield and Leveraged Finance (22 June 2017)
Standard & Poor's Ratings Services Report

Infrastructure Finance Outlook Monthly Newsletter (June 2017)
Standard & Poor's Ratings Services Report

Minor updates to the LMA leveraged and super senior facilities agreements

The LMA has published revised versions of its Leveraged and Super Senior Facilities Agreements correcting a number of minor errors. The mark-ups continue to highlight changes as against the pre-18 July 2017 versions.

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Spotlight on restructuring and insolvency reforms in Europe and the Netherlands

This video interview with Niek Biegman, Partner at De Brauw Blackstone Westbroek N.V., considers reforms to the restructuring and insolvency frameworks in the EU and the Netherlands

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LMA launches e-learning programme

We are pleased to launch an e-learning platform to complement our existing range of training. It is particularly targeted at market participants who may be unable to access our training days, but is equally suited to all professionals in the market. The course, which is free of charge, provides an overview of the syndicated loan market and an introduction to loan documentation and key operational processes.

LMA updates its paper "Issues to consider when trading"

The LMA has updated its paper "Issues to consider when using the LMA's recommended form of secondary debt trading documentation", which highlights the types of issue that the parties to a trade should consider prior to agreeing the trade, and when agreeing the trade.

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Snap shot on the LMA’s European Loan Operations Committee

The LMA spoke to Doug Laurie, Director at Barclays and Chair of the LMA's European Loan Operations Committee, following its 2017 Loan Operations conference. Doug discusses the committee's current initiatives and how LMA members can provide their support with the long-term goal of improving operational efficiency and settlement times in the loan market.

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LMA August 2017 Monthly Update

For the latest documentation updates, regulatory submissions, legal and regulatory news, and upcoming LMA events.

Recent LMA Submissions

LMA responds to JMLSG consultation on revisions to Parts II and III of its AML and CTF guidance

LMA responds to BEIS call for evidence on a register of beneficial owners of overseas companies that own UK property

LMA submission to European Commission regarding the Securities Financing Transactions Regulation (SFTR) and its application to syndicated lending.

LMA responds to the European Commission's consultation on the capital markets union mid-term review 2017.

LMA responds to HMRC consultation on its draft guidance on Hybrid and Other Mismatches.