LMA publishes new guidance and revised documentation to support the export finance market
The LMA (Loan Market Association) has published a new guidance note on untied ECA financing as well as updated buyer credit documentation. These documents have been published alongside a supporting statement from the LMA’s Export Finance Working Party, in which the Berne Union participates as an Observer, alongside ECAs, lenders and law firms.
We applaud the work of the LMA and the industry practitioners who have contributed to developing this guidance and encourage continued collaboration around documentation which can help promote greater efficiency in the export finance market.
Attached is a supporting statement from the LMA Working Party.
Further information and a link to the template documents and guidance note are available via the LMA website.
