Latest News

We're hiring: Sustainability Finance Director

We are looking for a Sustainability Finance Director to join our team. If you believe this role aligns with your skills and expertise, we’d love to hear from you!

Download the job description via the link below, and if it’s a good fit, please share your CV with gemma.lawrence-pardew@lma.eu.com

LMA publishes Fund Finance Glossary

The LMA is pleased to have published a Fund Finance Glossary. This is intended to help drive efficiency in, and understanding of, the market.

The fund finance market is increasingly in focus and is ever evolving. Different terms are often used to describe the same thing (think sublines and capital calls) and there can also be instances of parties speaking at cross-purposes (think recyclable and recallable capital). This can create inefficiencies in practice.

Fund Finance Insights series

The Loan Market Association (LMA) is delighted to announce the release of the first in our Fund Finance Insights series, an initiative aimed at enhancing understanding and engagement with this vital asset class.

Our inaugural paper, Tracing the History and Evolution of Fund Finance in Europe, uncovers the long-standing tradition of innovation and resilience within fund finance, challenging the perception that it is a relatively recent phenomenon. 

Emma Norman will be joining the LMA as Chief of Staff

Emma Norman will be joining the LMA as Chief of Staff to the CEO, starting on 20 January. Emma brings a wealth of experience, having spent 15 years working in the leveraged finance markets and joins us from the buy-side.

Expand your Horizons

Our quarterly publication offering thought-provoking commentary and expert perspectives on sustainable finance.

Download PDF versions of past issues you may have missed.

Updates to the LMA's Data Protection Privacy Notice

On 10 January 2025, we updated our data protection privacy notice. Click read more to access the updated privacy notice. 

LMA launches Green Loans Term Sheet

On the 9th January 2025, the LMA has published its Green Loan Terms which accompany the Draft Provisions for Green Loans (published 7th November 2024)

LMA publishes documents on EURIBOR and interbank term rate fallbacks

On 17 December 2024, we published our single currency euro exposure drafts; exposure draft wording on Bloomberg EURIBOR-€STR Spread; and a guidance note on fallbacks to interbank term rates and LMA documentation. We are requesting feedback on the exposure draft documentation, particularly in respect of its use in practice, by close of business Friday 28 February 2025

CEO Monthly Update

Stay informed about the latest developments at the Loan Market Association (LMA) with monthly updates from our CEO, Scott McMunn. Each update highlights key initiatives, recent advancements, and insights into what’s on the horizon. Stay connected with everything happening at the LMA.

Recent Activity

Popular Resources

Recent Activity

Regulation (6 February 2025)

LMA responds to HM Treasury consultation on UK Green Taxonomy

Documentation (17 December 2024)

LMA publishes documents on EURIBOR and interbank term rate fallbacks

Documentation (27 September 2024)

LMA publishes exposure draft RFR terms for use with South African Replacement of Screen Rate Clause

Documentation (23 September 2024)

LMA publishes Leveraged Focus note on the key differences between a TLB and LMA leveraged covenant package

Documentation (5 September 2024)

Synthetic US dollar LIBOR: FCA publishes 1-month to go reminder

Regulation (2 September 2024)

LMA responds to FSB's Evaluation of the Effects of the G20 Financial Regulatory Reforms on Securitisation consultation report

Documentation (30 August 2024)

South Africa: MPG Legal Industry Webinar - 10 September

Regulation (7 August 2024)

LMA responds to ESMA’s Call for Evidence on the review of the UCITS Eligible Assets Directive

Documentation (24 July 2024)

LMA publishes multi-jurisdictional African facility agreement to assist investors with cross-border lending on the continent

Documentation (22 July 2024)

LMA and APLMA publish joint call to action on remaining USD LIBOR transition

Documentation (1 July 2024)

LMA RFR Documentation Survey – Deadline extended to 9 August 2024

Documentation (10 June 2024)

LMA publishes new guidance and revised documentation to support the export finance market

Popular Resources

Website overview video

Watch our video overview of the LMA website providing a virtual tour of the site to help you locate all the interesting and latest content.

LIBOR Transition Glossary

This glossary covers key terms related to the transition from LIBOR to near risk-free rates ("RFRs").

Sustainable Lending Glossary

The sustainable lending glossary will aid transparency of terms in this rapidly evolving area of the market.

Green Loan Principles (GLP)

The GLP have been developed by an experienced working party with a view to promoting the development and integrity of the green loan product.

Sustainability Linked Loan Principles (SLLP)

Sustainability linked loans aim to facilitate and support environmentally and socially sustainable economic activity and growth.

Social Loan Principles (SLP)

The SLP aim to create a high-level framework of market standards and guidelines, providing a consistent methodology for use across the social loan market.

LMA Secondary Settlement Statistics

Collation of settlement statistics from major European trading banks

Understanding the Loan Market

E-learning course comprised of 10 modules providing an overview of the loan market.

EU Bail-in Legislation Schedule

As part of the co-operation between the LMA, LSTA, APLMA and also ICMA, each of their forms of bail-in clause refer to a common EU Bail-In Legislation Schedule, which has been prepared by the LMA, in order to describe the relevant national implementation legislation and write-down and conversion powers.