Syndicated Loans Course for Lawyers - POSTPONED

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 this event.

This decision is the result of considerable reflection over recent days. However, we are of the view that going ahead with this particular event given the current situation regarding Coronavirus (COVID-19) is not in the best interests of the participants, and that we should postpone the event until such time as everyone feels comfortable travelling and being together in larger group settings. We will update you once a new date is confirmed.

We would like to thank you for your understanding in relation to this matter and your continuing support of LMA activities.

This two-day programme, designed specifically for those working in the legal profession, provides detailed tuition on all aspects of the primary and secondary loan markets in the context of the broader debt capital markets but also taking into account current market conditions.

The training day is open to members of the LMA only. Individuals will need first to have logged on using their Username and password in order to be able to apply.

The course fee is £950 (plus VAT) which includes course materials, refreshments and lunch. Payment is expected in advance of attendance. Those who cancel their attendance on/after 5th February 2020, will be eligible for the full cost of the course. After this time, a substitute delegate can be nominated prior to the start of the course, or, alternatively, a delegate can be switched to a later course, subject to the LMA being able to find a replacement.

Click on Event Agenda above to view the outline of the programme.

Who Should Attend

All members of the legal profession who work on debt financing and who want to understand the commercial and market drivers of the loan product. Particularly practitioners in private law firms but also in-house bank counsel.

Course Benefits

By attending delegates will:

• Increase credibility with clients by understanding the underlying commercial dynamics of the loan product
• Add value to a transaction deal team during negotiation by recognising product alternatives, structures, pricing and borrowers' options
• Increase their job satisfaction by being able to put the legal role in the deal process in context with a greater all round understanding of the loan market
• Acquire the latest market knowledge from some of the industry's key players

Why Choose the LMA Lawyers' Course

• The course will be delivered by highly experienced market professionals, many of whom are "Heads of" their function and who are currently actively involved in the market.
• The programme covers the full breadth of the market from investment grade and leveraged finance to secondary trading, agency, regulation and capital requirements and will cover the impact of current market conditions. The course covers the commercial and market aspects of the product. It does not cover documentation.
• The LMA's position at the core of the European syndicated loan market will ensure individuals are taught the very latest practices in the market.
• With relatively small class sizes, delegate interaction will be encouraged.
• The programme is for members only and will attract delegates from across Europe. It has been specifically tailored for lawyers and offers excellent value when compared to other commercial courses on the loan market.
• CPD points are available.

Delegate feedback from previous courses:

• "Really excellent course with relevant people covering the relevant issues"
• "Focussed on real current issues in the market and provided practical answers and solutions, also looked to the future as well"
• "Great to have speakers actively in the market covering the various aspects of the market".

Course Outline - Day 1

• Overview of the product and market
• Debt markets compared and ratings
• Pricing dynamics
• Real Estate Finance
• Responsibilities in a syndication unit
• Bidding and syndication strategies
• Leveraged finance market and structures

Course Outline - Day 2

• Managing scenarios when things go wrong
• Agency functions
• Types of Investors
• LMA tax provisions
• History and reason for existence of secondary loan market, including trading in secondary market
• Secondary trading and pricing
• Regulation and the Role of the LMA