Loan Syndications and Trading Association

Global Loan Market Associations Launch New Guidance Documents to Support the Green Loan Principles and the Sustainability Linked Loan Principles

Retrieved on: 
Mardi, mai 5, 2020
Banking, Professional services, Environment, Finance, Economy, Money, Finance, Asia Pacific Loan Market Association, Loans, Credit, APLMA, Environmentalism, Loan Syndications and Trading Association, Syndicated loan, Loan Market Association, Sustainability

The Asia Pacific Loan Market Association ( APLMA ), Loan Market Association ( LMA ) and Loan Syndications and Trading Association ( LSTA ) are delighted to announce the publication of two new guidance documents, which aim to address some of the most frequently asked questions in relation to the Green Loan Principles ("GLP") and the Sustainability Linked Loan Principles ("SLLP").

Key Points: 
  • The Asia Pacific Loan Market Association ( APLMA ), Loan Market Association ( LMA ) and Loan Syndications and Trading Association ( LSTA ) are delighted to announce the publication of two new guidance documents, which aim to address some of the most frequently asked questions in relation to the Green Loan Principles ("GLP") and the Sustainability Linked Loan Principles ("SLLP").
  • The launch of the GLP in 2018 and the SLLP in 2019 were key milestones in the development of the global market for green and sustainability linked loan products.
  • By providing further information on these matters, the guidance documents aim to further support the expansion of the market for these important sustainable finance products.
  • Rosamund Barker, Head of Legal at the APLMA, commented:
    "We trust borrowers and lenders in the syndicated loan market across the globe wishing to take advantage of green and sustainability linked loan products will find these guidance documents informative.

The LSTA Issues First ESG Disclosure Tool for Corporate Loan Market Participants

Retrieved on: 
Lundi, février 3, 2020
Banking, Professional services, Finance, Loan Syndications and Trading Association, Economy, ESG, Finance, Money

Tess Virmani, executive vice president of the LSTA charged with overseeing the organizations ESG initiatives, said: ESG criteria are becoming increasingly relevant in the corporate loan market as more and more institutional investors routinely require answers from investment managers to whom they allocate capital.

Key Points: 
  • Tess Virmani, executive vice president of the LSTA charged with overseeing the organizations ESG initiatives, said: ESG criteria are becoming increasingly relevant in the corporate loan market as more and more institutional investors routinely require answers from investment managers to whom they allocate capital.
  • Lee Shaiman, executive director of the LSTA, added: Loan market participants are to be commended for proactively taking the initiative to drive more transparency and enhanced visibility around ESG factors.
  • Through its Questionnaire, the LSTA is taking a material step forward to improve the leveraged loan market.
  • The industry has taken it upon themselves to provide education and a much-needed enhanced disclosure tool for loan market participants.