Documents & Guidelines
The LMA endeavours to keep its documentation under constant review to ensure that it continues to meet the aims and needs of the primary and secondary loan markets. The production of recommended documentation remains one of our most important activities.
Our documentation is produced after extensive consultation with leading loan practitioners and law firms so as to represent an agreed common view of documentation structures. Standardisation of the "boiler plate" areas of the documents allows lenders and borrowers to focus on the more important commercial aspects of individual transactions.
We have updated the following documents from our secondary debt trading suite:
1. Terms and Conditions
2. Participation Agreements
3. Secondary Debt Trading Documentation Users Guide
We have released, as pending, the following documents from our secondary debt trading suite: (i) Terms and Conditions; (ii) Participation Agreements; and (iii) Secondary Debt Trading Documentation Users Guide. The documents will go live on 25 September 2017.
We have published revised versions of our Single Currency Term Facility Agreement for Real Estate Finance Multiproperty Investment Transactions, Single Currency Term Facility Agreement for Real Estate Finance Development Transactions, and the respective user guides. The changes include updated cross-references across the documents.
We are pleased to announce the launch of new forms of: (i) fronted funding and distribution agreement; and (ii) fronted distribution agreement, for leveraged acquisition finance transactions (the "Fronted Agreements").