Tag archives: LMA

The decline of LIBOR and the new risk-free interest rates

The history of manipulation and scandals surrounding interbank offered rates (IBORs), for example LIBOR and JIBAR, has led to the shift toward Risk-Free Rates (RFRs), a shift which is primarily market led and remains uncertain. The transition to RFR’s rests on the fact that rates such as LIBOR are forward-looking interest rates, calculated using estimates … Continue reading

NRFSA assists the Loan Market Association in settling its African loan documents

The Loan Market Association (LMA) has prepared a suite of agreements for use in Africa which forms part of the suite of recommended documentation made available to LMA members on the LMA website. The agreements, prepared by Norton Rose Fulbright in conjunction with a documentation committee consisting of representatives from local and international banks and … Continue reading
LexBlog