In September 2020, GlaxoSmithKline plc ("GSK") announced that it had signed new US$2.5bn 364-day and £1.9bn three-year SOFR and SONIA linked RCFs. The facilities were provided by a total of 12 banks on a bilateral basis (with HSBC acting as risk-free rate coordinator). In this spotlight interview, Kam Mahil speaks to those involved in the deal.
This webinar, presented by David Chmiel, Managing Director at Global Torchlight, looks to address the questions and provide some of the likely answers as to how Covid-19 will change the global economy and geopolitical and trade relations.
For our members interested in developments in the Netherlands and the wider European market, we have now made available on our website the following virtual panel discussions: "What's trending in the Dutch and European loan markets?" and "What's keeping the lawyers busy in the Netherlands?".
Watch the latest webinars, snapshot interviews and recordings from key events.
E-learning course comprised of 10 modules providing an overview of the syndicated loan market.
The LMA has recently become aware of unauthorised activity on an archived copy of its website, which it is in the process of investigating. We understand that names and email addresses of members have been accessed, but not passwords which were protected by encryption, or any other personal data.
As a precautionary measure, we would advise that members change their LMA password and passwords on any sites where they use the same password as for their members' LMA log-in.
Read more to learn how to change your password.
We have updated our Data Protection Privacy Notice to clarify the service providers to whom the LMA can disclose personal data to (e.g. professional advisers).
A copy of the full LMA Data Protection Privacy Notice can be accessed here. This contains information about how we process and use your data and the rights that you have in respect of your personal data.
The wellbeing of our members is a fundamental priority for us at the LMA and, in light of developments in relation to Coronavirus (Covid-19), we will be postponing all LMA events until the end of December 2020, with January 2021 onwards under review for postponement.
We are of the view that going ahead in light of the current situation regarding Coronavirus (COVID-19) is not in the best interests of the participants, and that we should postpone these events until such time as everyone feels comfortable travelling and being together in larger group settings. We will be reviewing the situation on an ongoing basis and will endeavour to give members as much notice as possible when events are postponed.
We would like to thank you for your understanding in relation to this matter and your continuing support of LMA activities.