The LMA Mission
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 (EMEA). By establishing sound, widely accepted market practice, the LMA seeks to promote the syndicated loan as one of the key debt products available to borrowers across the region.
As the authoritative voice of the syndicated loan market in EMEA, the LMA works with lenders, law firms, borrowers and regulators to educate the market about the benefits of the syndicated loan product, and to remove barriers to entry for new participants.
Since the establishment of the LMA in 1996, our membership has grown steadily and currently stands at over 630 organisations covering in excess of 60 nationalities, comprising commercial and investment banks, institutional investors, law firms, service providers and rating agencies.
At the LMA, we endeavour to keep our documentation under constant review to ensure that it continues to meet the aims and needs of primary and secondary loan markets. The production of recommended documentation remains one of our most important activities.
As the industry's official trade body, we are the ideal training provider for what is an increasingly technical market.
We continue to lobby regulators and government bodies on behalf of our members in an effort to ensure that any new or revised regulation does not have an adverse impact on the syndicated loan market.
We are widely regarded as the body that establishes guidelines for the EMEA syndicated loan market. These are, by their nature, wide-ranging and relate to both primary and secondary markets.