Developing markets offer great opportunities as global dynamics shift, demand for their resources increases and new technologies evolve. The LMA.... Find out more
Developing Market Insight
Summary and video recording of the developing markets panel at the LMA's Syndicated Loans Conference; release of the final e-learning module; revised investment grade primary documentation and suite of facility agreements; briefings on developing markets; loan insights; the latest legal and regulatory news; and upcoming LMA events in developing markets.
On 26 April 2017, the LMA held its fourth annual Developing Markets Conference in London. Despite recent market volatility, developing markets continue to offer attractive investment opportunities. The programme featured a plenary morning, with the afternoon split into two breakout sessions; one focusing on CEE/CIS, Turkey and the Middle East; and the other Sub-Saharan Africa.
The LMA is pleased to announce the publication of a single currency unsecured revolving facility agreement (incorporating a letter of credit facility) for use in developing market jurisdictions.
The LMA has also published of revised forms of its Developing Markets facility documentation and users guide. The key amendments incorporate provisions relating to optional fixed interest rate language and basic sanctions definitions.
Of the most prevalent fund asset classes in Africa, real estate undoubtedly appears the most overlooked. Africa’s real estate market is yet to attract the levels of capital which have recently been drawn to its private equity market.This briefing by Linklaters explores why this is and what is being done to realise the enormous potential of the African real estate market for fund managers and investors. Click the arrow to view.
This briefing by Linklaters examines the FCA’s July 2017 announcement on plans to transition away from LIBOR, expectations of the consequent action to be taken by market participants, potential replacement rates for LIBOR and the issues raised in using the suggested alternatives. Click the arrow to view.
This video interview with Clare Dawson, Chief Executive of the LMA, considers the potential discontinuation of LIBOR.
We spoke to David Chmiel, Managing Director at Global Torchlight, following our 2017 Developing Markets Conference. In a survey conducted of LMA members before the conference, global macro-economic and political stability was seen as being the most important factor for growth in the syndicated loan market in developing markets. We asked David for his views.