Dentons - Bank Notes - Winter 2019

LIBOR discontinuation – the LMA Exposure Drafts and other recent loan market developments

December 4, 2019

This article summarises the key features of the LMA's Exposure Drafts of Compounded SONIA and SOFR-based facilities agreements. It also notes other recent developments in the move away from using LIBOR in the loan markets.

Green and sustainable lending – not just a passing fad

December 4, 2019

This article charts the rise of green and sustainability-linked loans and the development of related industry standards. It also explains how a new focus on sustainability in financial regulation has the potential both to improve green and sustainable lending products and entrench their use for the long term.

New version of Equator Principles finalised – what are the key EP4 changes?

December 4, 2019

The Equator Principles Association has published a new version of the Equator Principles. What are the key changes, when do they apply, and what should financial institutions do now to prepare for them?

Natixis v. Marex Financial and others – lessons for commodity financiers in repos and for users of warehouse receipts

December 4, 2019

This case raises important issues for commodity financings, the use of warehouse receipts in repos of goods and for taking security over commodities in warehouses.