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. 

On the 7th November 2024, the Loan Markets Association (“LMA”) has launched updated Draft Provisions for Green Loans. 

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.

Stay up to date with the Loan Market Association's (LMA) blog - your go-to source for expert insights and updates on the loan market. Our blog covers everything from regulatory trends and ESG developments to in-depth analyses of market shifts, offering valuable perspectives for industry professionals.

The European Commission’s targeted consultation on the functioning of the EU securitisation framework was launched on 9 October 2024.

On 23 September 2024, we published the first in a series of Leveraged Focus notes. These are intended to promote a greater understanding of the terms of the typical TLB product and the potential pressure points associated with TLB terms. 

The first Leveraged Focus note is available here and highlights the key differences between a TLB and LMA leveraged covenant package. This sets the scene for further upcoming notes on key documentary topics including liability management exercises, transferability, financial covenants and much more.