Loan Market Association (LMA)

𝗧𝗵𝗲 𝘁𝗶𝗺𝗲 𝗵𝗮𝘀 𝗰𝗼𝗺𝗲 𝘁𝗼 𝗿𝗲𝗳𝗹𝗲𝗰𝘁 𝗼𝗻 𝗼𝘂𝗿 𝗽𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗶𝗻 𝟮𝟬𝟮𝟰 𝗮𝗻𝗱 𝘀𝗵𝗮𝗿𝗲 𝗼𝘂𝗿 𝘃𝗶𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝟮𝟬𝟮𝟱.🎄 In this monthly update, Scott McMunn, CEO of the LMA, highlights the achievements of 2024—milestones that wouldn’t have been possible without your invaluable support and contributions. Whether through participation in events, thought leadership, or market impact, your engagement has been instrumental to our success. As we close the chapter on 2024, the LMA team is ready to embrace 2025 with even more enthusiasm, passion, and energy than ever before. We are committed to hearing your voice, amplifying it, and acting stronger than ever as the authoritative voice of the loan markets. 𝗥𝗲𝗮𝗱 𝗻𝗼𝘄: https://lnkd.in/enbmHSkA 🎅𝗜𝗳 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗮𝗻𝘆 𝘄𝗶𝘀𝗵𝗲𝘀 𝗼𝗿 𝗶𝗱𝗲𝗮𝘀 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗟𝗠𝗔 𝘁𝗲𝗮𝗺 𝗰𝗮𝗻 𝗵𝗲𝗹𝗽 𝗯𝗿𝗶𝗻𝗴 𝘁𝗼 𝗹𝗶𝗳𝗲, 𝘄𝗲’𝗱 𝗹𝗼𝘃𝗲 𝘁𝗼 𝗵𝗲𝗮𝗿 𝘁𝗵𝗲𝗺! 𝗣𝗹𝗲𝗮𝘀𝗲 𝘀𝗵𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁𝘀 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝘁𝗵𝗶𝘀 𝗹𝗶𝗻𝗸: https://lnkd.in/ezyJ5j4T

As we reflect on a transformative year for the loan markets, we celebrate the significant strides made in enhancing efficiency, liquidity, and transparency. Supporting our members remains at the heart of everything we do, and 2024 has truly demonstrated the strength of collaboration. We are proud to have delivered valuable insights and updates across multiple areas, including Fund Finance, CRI, SRT, Private Credit, Leveraged Finance, Operations, LIBOR, and Sustainability. Engaging with stakeholders and the loan market community across the UK, Europe, the Middle East, and Africa, we’ve ensured your voices are heard and amplified through our initiatives. Huge shout to the incredible LMA family - Scott McMunn, Amelia Slocombe Nigel Houghton Kam Hessling Hannah Vanstone Paul Taylor Gemma Lawrence-Pardew - for their outstanding work this year! 🌟 Together, we are driving innovation and progress across the loan markets. Thank you for your continued support and for being a vital part of this journey. Here’s to an even brighter and more impactful future ahead! #LoanMarkets #SustainableFinance #MarketInsights #Collaboration #Innovation #FundFinance #CRI #Operations #LeveragedFinance #LMACommunity

The third edition of 𝘾𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙞𝙣𝙜 𝙩𝙝𝙚 𝙏𝙞𝙢𝙚𝙡𝙞𝙣𝙚, the go-to source for updates on 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗲 𝗹𝗼𝗮𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀, is now live! 🚀 With 5,000 subscribers, this newsletter continues to deliver the latest insights on 𝗽𝗿𝗶𝗺𝗮𝗿𝘆 𝗮𝗻𝗱 𝘀𝗲𝗰𝗼𝗻𝗱𝗮𝗿𝘆 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀, 𝘀𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 𝘁𝗶𝗺𝗲𝘀, 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀, 𝗮𝗻𝗱 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲. In this edition, we cover: 🔹 Secondary settlement times and recent trends 🔹 Efficiency wins and challenges in the lifecycle of a trade 🔹 Reflections on 2024 and ambitions for 2025 💬 𝗪𝗲’𝗱 𝗹𝗼𝘃𝗲 𝘁𝗼 𝗵𝗲𝗮𝗿 𝘆𝗼𝘂𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁𝘀: Where do you see settlement times in 2025? What steps can we take to create a lasting, sustainable impact? Let us echo your voice by sharing your thoughts with Paul Taylor at Paul.taylor@lma.eu.com 📖 Read the full newsletter here:https://lnkd.in/eCazmgEi Let’s continue driving innovation and collaboration together! #LMA #Operations #SettlementTimes #LoanMarkets #Efficiency #Collaboration

📑 𝗟𝗠𝗔 𝗯𝗹𝗼𝗴𝘀: 𝗕𝗲𝗵𝗶𝗻𝗱 𝘁𝗵𝗲 𝗦𝗰𝗲𝗻𝗲𝘀: 𝗧𝗵𝗲 𝗠𝗮𝗸𝗶𝗻𝗴 𝗼𝗳 𝗟𝗠𝗔 𝗘𝘃𝗲𝗻𝘁𝘀, 𝗢𝘂𝗿 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗲𝘀, 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗩𝗶𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝟮𝟬𝟮𝟱 🌟 At the LMA, we’re proud to host events throughout the year—not just to share market trends and developments with participants but to provide a platform where the experts can come together, network, and shape the future of loan markets. In this blog, our Head of Events, Meike (Martin) Landers shares insights on what events mean to the LMA and why they matter. Discover how we’re driving collaboration and innovation—and get a sneak peek at what’s in store for 2025! 📖 Read the full blog here: https://lnkd.in/eXnqD4uN #Events #LMA #Blog #Networking #Loans

🎙️𝗟𝗠𝗔 𝗧𝗮𝗹𝗸𝘀 𝗟𝗼𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁𝘀: 𝗖𝗼𝗻𝗰𝗲𝗽𝘁 𝗯𝗲𝗰𝗼𝗺𝗲𝘀 𝗿𝗲𝗮𝗹𝗶𝘁𝘆 - 𝗧𝗿𝗮𝗳𝗶𝗴𝘂𝗿𝗮’𝘀 𝗯𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 𝗯𝗮𝘀𝗲 𝗳𝗮𝗰𝗶𝗹𝗶𝘁𝘆 𝗹𝗲𝗮𝗱𝘀 𝘁𝗵𝗲 𝘄𝗮𝘆 𝗼𝗻 𝘂𝘀𝗲 𝗼𝗳 𝗲𝗕𝗟𝘀  🎙️ There has been much talk about the growing role of electronic trade documents in the commodities sector, but until now no proof of concept in the syndicated loan market. For the first time, Trafigura’s recent $2.8bn syndicated concentrates borrowing base facility incorporates electronic bills of lading (eBLs) as fully secured collateral documents. In this episode, our Senior Director, Kam Hessling, sits down with market experts to explore: • How key issues, including reliable systems, were overcome • Areas of consideration for the market • The role of the LMA in enhancing liquidity and efficiency by providing a framework for eBLs in borrowing base documentation.  Thank you to our guest speakers for their participation and for sharing their invaluable knowledge with our community. Shobhit Singh Trafigura Rebecca Shepherd Clifford Chance Jean-Marc Thijs ING Camille Maurs ING Listen on Spotify: https://lnkd.in/eXpkCzF6 Listen on LMA Player: https://lnkd.in/dsjxxJN #LoanMarkets #SyndicatedLoans #eBLs #TradeFinance #Innovation #LMA #Commoditiesfinance #etda

📅 𝗦𝗮𝘃𝗲 𝘁𝗵𝗲 𝗗𝗮𝘁𝗲: 𝗟𝗠𝗔 & 𝗟𝗦𝗧𝗔 𝗟𝗼𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 📅 We are thrilled to announce that the 𝗟𝗠𝗔 & LSTA 𝗟𝗼𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝘄𝗶𝗹𝗹 𝘁𝗮𝗸𝗲 𝗽𝗹𝗮𝗰𝗲 𝗼𝗻 𝟱 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟱 𝗮𝘁 𝗔&𝗢 𝗦𝗵𝗲𝗮𝗿𝗺𝗮𝗻, 𝟭 𝗕𝗶𝘀𝗵𝗼𝗽𝘀 𝗦𝗾𝘂𝗮𝗿𝗲, 𝗟𝗼𝗻𝗱𝗼𝗻, 𝗘𝟭 𝟲𝗔𝗗, 𝗳𝗿𝗼𝗺 𝟭𝟭:𝟯𝟬–𝟭𝟳:𝟬𝟬. 𝗠𝗮𝗿𝗸 𝘆𝗼𝘂𝗿 𝗰𝗮𝗹𝗲𝗻𝗱𝗮𝗿𝘀 𝗳𝗼𝗿 𝘁𝗵𝗶𝘀 𝘂𝗻𝗺𝗶𝘀𝘀𝗮𝗯𝗹𝗲 𝗲𝘃𝗲𝗻𝘁! This premier conference brings together the US and EMEA loan markets to explore global opportunities and challenges while delving into emerging trends. Key topics will include: ✨ BSL markets and future expectations ✨ The growth of private credit ✨ CLOs and product innovation ✨ A spotlight on Loan Market Trading (LMT) ✨ Insights from leading buy- and sell-side speakers Designed for senior professionals across leveraged finance, private credit, and loan product distribution & innovation, this event is your opportunity to gain insights, network with market participants, and stay ahead of the curve. 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝗹𝗹 𝗼𝗽𝗲𝗻 𝗶𝗻 𝗲𝗮𝗿𝗹𝘆 𝗝𝗮𝗻𝘂𝗮𝗿𝘆! 𝗙𝗼𝗿 𝗻𝗼𝘄, 𝘀𝗮𝘃𝗲 𝘁𝗵𝗲 𝗱𝗮𝘁𝗲 𝘁𝗼 𝗲𝗻𝘀𝘂𝗿𝗲 𝘆𝗼𝘂 𝗱𝗼𝗻’𝘁 𝗺𝗶𝘀𝘀 𝘁𝗵𝗶𝘀 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝗳𝘂𝗹 𝗲𝘃𝗲𝗻𝘁! #LoanMarkets #LeveragedFinance #PrivateCredit #Innovation #CLOs #Networking

🌍 𝗧𝗵𝗲 𝟰𝘁𝗵 𝗲𝗱𝗶𝘁𝗶𝗼𝗻 𝗼𝗳 𝗛𝗼𝗿𝗶𝘇𝗼𝗻𝘀 𝗶𝘀 𝗵𝗲𝗿𝗲! We’re thrilled to announce the launch of the latest edition of 𝘏𝘰𝘳𝘪𝘻𝘰𝘯𝘴—your ultimate go-to source for all things sustainable finance. As we approach the end of 2024, it’s a moment to reflect. This year hasn’t been without its challenges for sustainable finance professionals. Geopolitical tensions and regulatory twists and turns have tested the resilience of our market, creating a bumpy yet meaningful journey towards sustainability. These themes are highlighted in our in-issue special edition summary of the Flagship Sustainable Finance Conference.  In addition, we also dive into 🌟 𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗮𝗺𝗶𝗱𝘀𝘁 𝘁𝘂𝗿𝗯𝘂𝗹𝗲𝗻𝗰𝗲: Discover the strides made in transition finance and the achievements driving progress despite challenging times. 🌟 𝗧𝗵𝗲 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗗𝗶𝘀𝗰𝗹𝗼𝘀𝘂𝗿𝗲 𝗣𝗿𝗼𝗷𝗲𝗰𝘁: Explore ways to overcome the challenges of harmonisation of ESG reporting requirements in conversation with the LSTA.  🌟 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝘂𝗽𝗱𝗮𝘁𝗲𝘀: Look at the evolving regulatory landscape, including the intriguing new proposal for an EU “omnibus”. Looking ahead, 2025 promises to be another dynamic year. With major consultations signalled by the UK Government at COP29 and new sustainable finance timelines from European regulators, the 𝗟𝗠𝗔’𝘀 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗖𝗼𝗺𝗺𝗶𝘁𝘁𝗲𝗲 𝗮𝗻𝗱 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗖𝗼𝗺𝗺𝗶𝘁𝘁𝗲𝗲 are ready to ensure liquidity and impact continue to be prioritised in the global loan markets. Dive into the full edition now and join us in shaping the future of sustainable finance. 🌿 Well done to our sustainability thought leaders Gemma Lawrence-Pardew and Hannah Vanstone and those who have supported us in this journey, as well as our contributors Tess Virmani and Elizabeth Yazgi (LSTA), Iolanda Barbati LSEG (London Stock Exchange Group), Maria Dikeos (LSEG Data & Analytics) and Sukhvir Basran (King & Spalding). More to come: Stay tuned for our greenwashing insights report, coming in Q1 2025! Read now: https://lnkd.in/e6Kqcumk #SustainableFinance #Horizons #TransitionFinance #GreenFinance #LMA

📅 𝗦𝗮𝘃𝗲 𝘁𝗵𝗲 𝗗𝗮𝘁𝗲: 𝗟𝗠𝗔 𝗮𝗻𝗱 The Association of Corporate Treasurers of Southern Africa (𝗔𝗖𝗧𝗦𝗔) 𝗶𝗻-𝗽𝗲𝗿𝘀𝗼𝗻 𝗲𝘃𝗲𝗻𝘁 𝗼𝗻 𝗝𝗜𝗕𝗔𝗥 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲𝘀 With the anticipated announcement of JIBAR cessation next year, it is crucial for corporates to stay ahead of the changes that will inevitably impact them. The LMA in association with ACTSA are hosting 𝗮 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗶𝗻-𝗽𝗲𝗿𝘀𝗼𝗻 session on the implications of the JIBAR transition on corporate lending. This session will also include valuable lessons learned from the LIBOR transition. 🗓 𝗗𝗮𝘁𝗲: 𝟮𝟰 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟱 📍 𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻: 𝗖𝗮𝗽𝗲 𝗧𝗼𝘄𝗻 Save the date so you don't miss this opportunity to gain insights and prepare for the road ahead. The registration will open in January. For any questions or queries please reach out to Kam Hessling. #CapeTown #ACTSA #LMA #JIBARTransition #CorporateLending #Event #ZARONIA

🌍 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗶𝗻 𝗠𝗘𝗔: 𝗔 𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁 𝗼𝗻 𝗚𝗿𝗲𝗲𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 🌍 Excited to share this insightful feature report by Euromoney: Green Hopes – Sustainable Finance in MEA. This comprehensive piece explores the progress, challenges, and future opportunities for sustainable finance across the MEA region. A special shoutout to Gemma Lawrence-Pardew , our Head of Sustainability, for her valuable contributions to this report. Her expertise highlights the critical role of sustainable lending in shaping greener, more inclusive financial markets in MEA. As the LMA continues to champion sustainability in the loan markets, we are proud to collaborate with thought leaders and drive meaningful discussions around this crucial topic. 📖 Read the full report here: https://lnkd.in/eCEjbcHs #SustainableFinance #GreenLending #LoanMarkets #LMA #ThoughtLeadership

𝗟𝗠𝗔 𝗧𝗮𝗹𝗸𝘀 𝗟𝗼𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁𝘀: 𝗧𝗵𝗲 𝗳𝗮𝘀𝘁 𝗹𝗮𝗻𝗲 𝘁𝗼 𝗮 𝗴𝗿𝗲𝗲𝗻𝗲𝗿 𝗳𝘂𝘁𝘂𝗿𝗲 𝘄𝗶𝘁𝗵 𝗔𝗹𝗶 𝗥𝘂𝘀𝘀𝗲𝗹𝗹, 𝗠𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗮𝘁 𝗘𝘅𝘁𝗿𝗲𝗺𝗲 𝗘 In this new episode of LMA Talks Loan Markets, Scott McMunn, the CEO of LMA, hosted Ali Russell Managing Director at Extreme E to discuss all things #sustainability. Whether in the realm of #finance or #sports, sustainability is at the forefront of everyone’s agenda. But how can sustainable finance contribute to sustainable sports? In this insightful conversation, they explored what Extreme E brings to the world of sports cars and how they’re leading the charge in transitioning towards hydrogen-powered vehicles. How a purposeful finance can play a role in this area? Have a listen to this fascinating discussion to learn more about the intersection of finance for purpose, sustainable finance, and the future of sports! Spotify: https://lnkd.in/e_PGyitp LMA Player: https://lnkd.in/dsjxxJN #LMA #Podcast #SustainableFinance