Resumen de LMA explains new PP documentation.
The article reports on the launch of template documents for private placements in Europe by the Loan Market Association. Topics noted include the goal of private placements in channeling non-bank funding to corporations, key challenges associated with private placements such as lack of access to historical data, inclusion of a loan and note option in the documents, and comments from Nicholas Pfaff of the International Capital Market Association (ICMA).
