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.
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What's New

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.

LMA launches new suite of African documents

We are pleased to announce the launch of 1) a suite of recommended forms of facility agreement for use in South African loan transactions (based on the ALMA's South African local law documents); 2) a new recommended form of facility agreement for use in East Africa (Kenya, Tanzania and Uganda) and Nigeria; and 3) associated User Guides (the "African Documents").

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

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 September Monthly Update

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