Loan Market Association
From ACT Wiki
(LMA).
The Loan Market Association is a trade body for the Europe, Middle East and Africa (EMEA) syndicated loan market, founded in 1996 by banks operating in that market.
Promoting loan markets in various ways, the LMA publishes model documentation and "market guidelines" for use in both primary and secondary markets with a view to achieving more standardisation of widely accepted market practice.
The Association of Corporate Treasurers (ACT) has supported the LMA's primary documentation initiative since its inception.
The LMA discusses its primary investment grade borrower documentation with the ACT prior to publication.
With Slaughter and May, ACT publishes commentaries on the LMA primary documents.
See also
