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Guidance

Name of Document FormatsDate Revised Markup
Name of DocumentLIBOR transition considerations overview for wider LMA document suiteFormatsPDFDate Revised30/03/2021MarkupPDF
Name of DocumentLIBOR transition considerations in LMA export finance, developing market and pre-export finance documentationFormatsPDFDate Revised30/03/2021MarkupPDF
Name of DocumentConsiderations in respect of the use of forward-looking term SONIA reference rates FormatsPDFDate Revised26/03/2021MarkupPDF
Name of DocumentUsers guide to form of single currency export finance buyer credit agreementFormatsPDFDate Revised20/03/2020MarkupPDF

Facility Agreements

Name of Document FormatsDate Revised Markup
Name of DocumentSingle currency term facility agreement for use in export finance buyer credit transactionsFormatsWordDate Revised20/03/2020MarkupPDF
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Guidance

Name of Document FormatsDate Revised Markup
Name of DocumentLMA Export Finance Working Party StatementFormatsPDFDate Revised18/06/2024MarkupPDF
Name of DocumentMember alert - export finance documentation update and new guidanceFormatsPDFDate Revised10/06/2024MarkupPDF
Name of DocumentLMA Users Guide Single Currency Export Finance Buyer Credit AgreementFormatsPDFDate Revised10/06/2024MarkupPDF
Name of DocumentLMA Untied ECA financing guidance noteFormatsPDFDate Revised10/06/2024MarkupPDF
Name of DocumentLMA Term SONIA CommentaryFormatsPDFDate Revised10/06/2024MarkupPDF
Name of DocumentLMA note on sovereign obligor considerationsFormatsPDFDate Revised07/06/2024MarkupPDF
Name of DocumentMember alert - sovereign obligor guidance noteFormatsPDFDate Revised07/06/2024MarkupPDF

Facility Agreements

Name of Document FormatsDate Revised Markup
Name of DocumentLMA Export Finance Buyer Credit Facility Agreement Incorporating Compounded €STR Fallback from EURIBORFormatsWordDate Revised10/06/2024MarkupPDF
Name of DocumentLMA Export Finance Buyer Credit Facility Agreement Incorporating Backward-Looking Compounded Rates (SOFR / SONIA) FormatsWordDate Revised10/06/2024MarkupPDF
Name of DocumentLMA Export Finance Buyer Credit Facility Agreement Incorporating Forward-looking Term Rates (Term SOFR / Term SONIA)FormatsWordDate Revised10/06/2024MarkupPDF

These Materials (which term includes, where the context permits, text, content, spreadsheets incorporating macros and electronic interfaces, and their underlying assumptions, conversions, formulae, algorithms, calculations and other mathematical and financial techniques) are made available to members of the Loan Market Association in accordance with the byelaws of the Loan Market Association (a copy of which is available here) to facilitate the documentation of transactions in the loan markets. None of the Loan Market Association, Allen & Overy, Clifford Chance or Webber Wentzel accept any responsibility for any use to which these Materials may be put or for any loss, damage or liability whatsoever arising from such use. None of the Loan Market Association, Allen & Overy, Clifford Chance or Webber Wentzel has reviewed the laws of any jurisdiction which may apply to either party to an agreement using these Materials and its subject matter. Members should therefore consider all the relevant legal, accounting and regulatory issues before using these Materials or entering into a transaction under them and, if appropriate, consult their professional advisers.

In relation to recommended form documents, members are responsible for ensuring that the precise form and content of the documentation for a particular transaction is appropriate. Members should therefore satisfy themselves that the documents and any modifications to them are appropriate in the circumstances and the economic intentions of the parties.

The Loan Market Association consents to the use, reproduction and transmission of these Materials by members of the Loan Market Association only for the Permitted Purpose as set out in the byelaws (a copy of which is available here). The Loan Market Association does not consent to the use, reproduction or transmission of these Materials for any other purpose, in any other manner or by any other person and expressly reserves all other rights.

For further information on members' rights and obligations in relation to these Materials, please refer to the articles of association and byelaws of the Loan Market Association (copies of which are available here) or contact the Loan Market Association at lma@lma.eu.com.