ELFA, ICMA publish high-yield SLB guidance to 'enhance effectiveness'
Recommendations have been published to "enhance the impact and effectiveness" of the high-yield sustainability-linked bond (SLB) market, after areas of "unique" inconsistency and inadequacy were identified.
ELFA, LMA update ESG leverage finance disclosure guide
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.
ELFA, LMA outline sustainability-linked leveraged loan 'best practice'
'Best practice' guidance has been issued for completing the terms of sustainability-linked leveraged loans, including advice for transactions...
ELFA calls for ESG data scale-up across leveraged loans
The European Leveraged Finance Association (ELFA) has found that environmental, social and governance (ESG) data vendor coverage is "severely lacking" for leveraged loans and high yield bonds, compared to investment grade companies.