Archive

  • SLLP consider formalising 'sleeping SLL' guardrails

    23 July 2024

    The Sustainability-Linked Loan Principles (SLLP) are preparing to formalise treatment of so-called 'sleeping SLLs' in its upcoming revision, including formalising "guardrails" to ensure these contested but "useful tools" are credible.

  • Ground-breaking 'Transition Loan Principles' expected by November

    03 July 2024

    With formal principles on the horizon, the 'transition loan' market could be on the cusp of a new era - a dramatic step-change that could extend into the bond market. Ahren Lester reports

  • ICMA, LMA release 'sustainability-linked loan bond' guidance

    25 June 2024

    Two debt industry bodies have jointly published guidance for the issuance of bonds dedicated to financing sustainability-linked loans (SLLs) in order to develop a new sustainable finance product and support the credibility of the performance-based lending instrument.

  • Sustainability-linked loan model 'may have been ahead of its time'

    18 April 2024

    The model for sustainability-linked loans "might have been ahead of its time" in the leeway it gives borrowers to choose which sustainability-related indicators they will be judged against, an Environmental Finance conference heard.

  • LMA exploring 'transition loan' label as sustainability-linked debt flounders

    28 March 2024

    The Loan Market Association (LMA) is exploring the creation of a label for loans that finance climate transition-themed projects or activities, as it considers how to drive more investment in 'hard-to-abate' sectors.

  • External reviews are the 'main sticking point' for sustainable loan deals

    30 October 2023

    Updated guidance on external reviews is being readied, the Loan Market Association's Gemma Lawrence-Pardew tells Ahren Lester

  • Navigating sustainable finance standards: speaker Q&A

    10 May 2023

    In response to a recent Environmental Finance webinar on sustainable finance standards, we have hand-picked a selection of the audience questions for the panel to answer.

  • LMA publishes 'vital' sustainability-linked loan drafting model

    04 May 2023

    The Loan Market Association (LMA) has released a model legal text to support the drafting of sustainability-linked loans, which it described as a "vital" tool for the fast-growing market.

  • 'Greenwashing claims unlikely' in absence of clear definitions

    28 April 2023

    A 'maelstrom' of regulatory requirements on both sides of the Atlantic has not brought a clear definition of sustainability - which may spare investors from litigation, a webinar heard. Michael Hurley reports

  • ELFA, LMA update ESG leverage finance disclosure guide

    20 October 2022

    Two trade associations have updated their environmental, social and governance (ESG) disclosure guidance for the leveraged finance industry, including a new chapter on ESG litigation risk.