Home / Banking & Finance

Legal News

LMA publishes revised Secondary Debt Trading Documents as Pending

Copyright © 2025 LexisNexis

Published on: 06 December 2021

Published by LNB News

LNB News 06/12/2021

Document Information

Issue Date: 06 December 2021

Published Date: 06 December 2021

Jurisdiction(s): United Kingdom

Article summary

The Loan Market Association (LMA) has published revised Secondary Debt Trading Documentation as ‘Pending’ to assist the secondary loan market with LIBOR transition. The exposure draft, trade confirmations and participation agreements are available on the ‘Pending’ page of Secondary Debt Trading under the LMA Documentation Index with an effective date of 4 January 2022. An explanatory note has also been published summarising the amendments as well as a revised user guide to reflect the changes made.

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of