https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=Sustainability_breachSustainability breach - Revision history2026-05-12T13:23:04ZRevision history for this page on the wikiMediaWiki 1.40.0https://wiki.treasurers.org/w/index.php?title=Sustainability_breach&diff=53274&oldid=prevDoug: Create page - source - Source - A Borrower's Guide to Sustainability-Linked Loan Terms - Slaughter and May, Association of Corporate Treasurers, August 2023, p392023-10-09T17:37:12Z<p>Create page - source - Source - A Borrower's Guide to Sustainability-Linked Loan Terms - Slaughter and May, Association of Corporate Treasurers, August 2023, p39</p>
<p><b>New page</b></p><div>1. ''Sustainability linked loans (SLLs) - documentation - Loan Market Association (LMA).''<br />
<br />
Under the Loan Market Association (LMA)'s draft provisions for sustainability-linked loans, the definition of a Sustainability Breach is intended to capture all the sustainability-related obligations imposed on the borrower under the sustainability linked loan (SLL).<br />
<br />
In this context, failure to comply with a sustainability provision is designated as a sustainability breach rather than an event of default.<br />
<br />
The consequences of a Sustainability Breach are that the sustainability performance targets (SPTs) are<br />
deemed not to be met and the sustainability margin adjustment therefore reverts to its highest level under the related margin grid.<br />
<br />
(Source - A Borrower's Guide to Sustainability-Linked Loan Terms - Slaughter and May, Association of Corporate Treasurers, August 2023, p39.)<br />
<br />
<br />
2.<br />
<br />
Similar breaches in other contexts.<br />
<br />
<br />
== See also ==<br />
* [[Breach]]<br />
* [[Documentation]]<br />
* [[Event of default]]<br />
* [[Greenwash]]<br />
* [[Loan Market Association]] (LMA)<br />
* [[Margin grid]]<br />
* [[Provision]]<br />
* [[Sustainability]]<br />
* [[Sustainability linked loan]] (SLL)<br />
* [[Sustainability-Linked Loan Principles]] (SLLP)<br />
* [[Sustainability performance target]] (SPT)<br />
* [[Sustainability provision]]<br />
<br />
[[Category:Accounting,_tax_and_regulation]]<br />
[[Category:Financial_products_and_markets]]<br />
[[Category:Long_term_funding]]</div>Doug