Loan Market Association
The Loan Market Association (LMA ) is a 1996 in London, was established in and seated interest group now has more than 400 members from the financial sector, especially banks, financial investors, but also international law firms, has. The LMA was founded to promote in the 1990s, young European market for syndicated loans by a generally accepted pattern - contract documentation and thus to establish a common market practice in the primary and secondary market for syndicated loans. To the European market, now widespread and accepted as a standard model contracts in particular include those syndicated loan for general corporate financing ( investment grade ), for acquisition financing ( leverage finance ) and for the sale of non-performing loans ( non-performing loans ).
The American equivalent of the LMA is the Loan Syndications and Trading Association.