Facilitating greater efficiency and standardisation in the loan market

Loan Operations

The operational and settlement aspects in the syndication process are far-reaching and have a significant impact on the efficiency of the transaction process. We seek to bring about increased efficiencies and standardisation.

One way in which this challenge is faced is through the European Loan Operations Committee.

Current Projects

Continually Expanding Desktop Series

We have released 3 new Desktop Series to add to the list of our existing 10 Desktop Series. We are currently working to further expand our Desktop Series to cover the different aspects of the loan market.

Trading in a Post-Brexit World

As a result of Brexit, many institutions have either moved, or will be moving, their trading desks out of the UK and into an EU member state. Some of the jurisdictions selected do not have as developed a secondary market as that in the UK. We have therefore prepared a slide deck to aid our members in carrying out any training required.

Juniors Project Group

The brand new juniors group aims to investigate how the LMA can better facilitate learning for juniors in the operations world.

Video Content

Operational considerations around RFR lending

With Kam Mahil – LMA and Brian Fraser – Lloyds Bank


E-signings and virtual signings for syndicated loan transactions – Common questions arising from Covid-19


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Click here for a copy of the heat map template and click here for the accompanying guiding principles.

Inhibitors to Liquidity in the Loan Market

This guide seeks to highlight issues that have the potential to impact liquidity in the loan market, focusing primarily on those issues prevalent in the leveraged loan market.

Desktop Series

The desktop series act as operational guides for teams to refer to when carrying out their day-to-day activities.

Closing a Primary Syndication - Factors to Consider

Key challenges facing agents during the completion of a primary syndicated lending transaction and the primary syndication process.

Brexit and the LMA English Law Participation

This article by Justin Conway of McCarthy Denning presents a number of questions that grantors and participants should be asking themselves as they implement structural changes.

LMA Secondary Settlement Statistics

Collation of settlement statistics from major European trading banks

Trade Recap Template

The trade recap template's purpose is to prompt lenders with the required details necessary to complete a trade confirmation.

Guide to Agency Protections

An overview of the principal protections provided in an LMA facility agreement, identifying the standard protections that an agent under a loan agreement would expect to benefit from.

Dealing with Requests for Amendments

Recommendations for best practice for dealing with amendments to a loan agreement, from both a pragmatic and legal standpoint.

An Agent's Guide to Handling Ancillary Facilities

An introduction to ancillary facilities and their treatment in LMA facility documentation together with guidance on common operational scenarios.

Understanding the Loan Market

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

Trading in a Post-Brexit World

This slide deck is to aid members in foundation training for secondary loan operations.