Spotlight on the LMA ECA Buyer Credit Facility Agreement
This video interview with Clare Dawson, Chief Executive of the LMA, and Massimo Schirò, Legal Affairs Director at SACE, considers the new LMA recommended form of ECA Buyer Credit Facility Agreement.
The LMA ECA Buyer Credit Facility Agreement was published on 25 April 2018. It is a recommended form of facility agreement for use in export finance buyer credit transactions supported by an export credit agency. In particular, this interview discusses: the reason behind the production of the LMA ECA Buyer Credit Facility Agreement; the institutions involved in the process; the involvement of SACE in the project; use of the LMA ECA Buyer Credit Facility; and impact on documentation risk.
This video interview, filmed in April 2018, is the tenth in a series of LMA Spotlights on key regulatory and topical issues.