News & Analysis as of

Environmental Social & Governance (ESG) Sustainability-Linked Loans (SLLs)

Cadwalader, Wickersham & Taft LLP

ESG in Fund Finance: The Next Phase April 2024 - ESG in Fund Finance

In the first of our series “ESG in Fund Finance” articles, we summarise and examine the recent publication “A Guide to the Application of Sustainability-linked Loan Principles in Fund Finance”....more

Kramer Levin Naftalis & Frankel LLP

LSTA Issues Guide on Sustainable Loan Principles in Fund Finance

On March 2, 2024, the Loan Syndications and Trading Association (LSTA) announced the publication of the latest addition to its sustainable lending library — the Guide on Sustainability Linked Loan Principles (SLLP) in Fund...more

Sullivan & Worcester

A Practical Discussion of the Drafting and Negotiation of Sustainability-Linked Loans

Sullivan & Worcester on

Our latest Trade & Export Finance webinar, delivered by Maria Capocci (Associate) and Ellis Lawson (Partner), considered the different types of environmental, social and governance (ESG) loans and their current position in...more

A&O Shearman

Resurging opportunity for Sustainability-linked Loans in Indonesia

A&O Shearman on

In February 2023, the Loan Market Association (LMA), the Asia Pacific Loan Market Association (APLMA) and the Loan Syndications and Trading Association (LSTA) re-issued the Sustainability-linked Loan (SLL) Principles and the...more

Cadwalader, Wickersham & Taft LLP

UK Regulator Raises Concerns over the Sustainability-Linked Loans Market, Including Potential Greenwashing

On June 29, 2023, the Financial Conduct Authority, the UK’s financial markets regulator, released a summary of its concerns over the market for sustainability-linked loans (SLLs). Responding to concerns that banks overstate...more

Hogan Lovells

UK/EU ESG Regulation Monthly Round-Up – March-June 2023

Hogan Lovells on

As we reach the midway point of 2023, the Hogan Lovells Sustainable Finance and Investment practice thought it would be useful to provide a review of recent key ESG developments from March-June 2023 to assist with navigating...more

Cadwalader, Wickersham & Taft LLP

Going Upstream May 2023 - Sustainable Finance: Maintaining Integrity

The LSTA and LMA hosted their Joint New York Conference recently. One of the panels focused on “Sustainable Finance: Maintaining Integrity” and featured an impressive line-up of industry leaders in this space, including...more

Mayer Brown Free Writings + Perspectives

Insight: The EU Green Bond Standard

The Council of the European Union and the European Parliament announced, on 28 February 2023, that provisional agreement on the European Green Bond Standard (the EU GBS and the Regulation) had been reached. More recently the...more

Cadwalader, Wickersham & Taft LLP

Unlocking Sustainability-Linked Loans (UPDATED)

On February 23, 2023, the Loan Market Association (LMA), Loan Syndications and Trading Association (LSTA) and the Asia Pacific Loan Market Association (APLMA) published updates to the Sustainability-Linked Loan Principles...more

Cadwalader, Wickersham & Taft LLP

Unlocking Sustainability-Linked Loans

Cadwalader recently hosted a breakfast discussion with the Loan Market Association (“LMA”) and LSTA with the aim of “Unlocking Sustainability-Linked Loans”. During the session, Cadwalader partner Sukhvir Basran was joined by...more

White & Case LLP

Sustainability-linked and green loans hold ground in volatile market

White & Case LLP on

Despite widespread deterioration in the US credit markets in 2022, sustainability-linked and green loan issuance held up strongly in the face of building macroeconomic uncertainty. Sustainability-linked loan (SLL)...more

Cadwalader, Wickersham & Taft LLP

Ever-Evolving ESG - September 2022 | Issue No. 192 - ESG in Fund Finance – A Banker’s Perspective

We were very pleased to have the opportunity to speak with Lloyds Bank’s Greg Sidlow (Relationship Director, Funds Finance), Varun Sarda (Managing Director, Sustainability & ESG Finance) and Rebecca Tozer (Associate Director,...more

Cadwalader, Wickersham & Taft LLP

ABCD ... ROFR and SLL June 2022 - Sustainability-Linked Loans Series, Part 2 – The Sustainability-Linked Loans Principles

In our May edition of REF News and Views, we provided an introduction to sustainability-linked loans (“SLLs”). As a reminder, SLLs emerged alongside green loans as a result of the movement towards greater awareness and...more

Cadwalader, Wickersham & Taft LLP

That's 'Interest'ing May 2022: Sustainability Linked Loans Series, Part 1 – Introduction to Sustainability Linked Loans

In our last few editions of REF News and Views, we featured the Green Loan Series of articles in which we discussed the emergence of “green loans” and the Green Loan Principles − those principles that form the proposed...more

Cadwalader, Wickersham & Taft LLP

No Celebrations - March 2022 - Green Loans Series, Part 2 – The Four Core Components of the Green Loan Principles

In our February edition of REF News and Views, we introduced the Green Loan Principles (“GLP”) that were published by the Loan Market Association (“LMA”). The GLP seeks to help facilitate and support environmentally...more

Bracewell LLP

Is the "S" in ESG Poised for a Breakout Year in 2022 for Sustainability-Linked Loans?

Bracewell LLP on

If last year was any indication, 2022 may be another record-setting year for the sustainable syndicated loan market. According to financial data provider Refinitiv, new issuances of sustainability-linked loans (“SLLs”)...more

Holland & Knight LLP

IFC Releases Guidelines for Blue Finance

Holland & Knight LLP on

The International Finance Corporation (IFC), part of the World Bank Group, released its Guidelines for Blue Finance (Guidelines) in January 2022. The Guidelines set forth the framework for structuring, evaluating and...more

A&O Shearman

Global Financial Regulatory Trends Related to ESG Issues Outside the EU

A&O Shearman on

When it comes to sustainable lending, the Russian loan market is punching above its weight. Many of Russia’s leading corporates have raised ESG or sustainability-linked loans (in some cases, multiple loans) over the last...more

A&O Shearman

Our analysis on sustainability-linked loans in Turkey: the current state of play

A&O Shearman on

As regulators, shareholders, investors and wider society increasingly focus their attention on Environmental, Social and Governance (ESG) matters, they have crept up the boardroom agenda of large Turkish companies and...more

Foley Hoag LLP

What Is a Sustainability-Linked Loan, and Should My Company Get One?

Foley Hoag LLP on

Under pressure from shareholder groups, investors and customers, you might already have “green initiatives” in your business plan, and you probably have already identified risks related to climate change and other social and...more

Akin Gump Strauss Hauer & Feld LLP

[Podcast] An ESG Roadmap for Business

In this episode, Akin Gump’s Amy Kennedy and Stacey Mitchell, two of the firm’s ESG group co-heads, walk listeners through environmental, social and governance considerations for business. Among the topics covered: - U.S....more

Cadwalader, Wickersham & Taft LLP

ESG Loans – The Next Big Wave in Fund Finance

There has been a dramatic increase in appetite amongst funds for sustainability linked loans (SLLs), which are often commonly referred to as “ESG linked loans” or “KPI loans,” an appetite that is expected to continue to...more

Jones Day

Sustainability-Linked Instruments: What to Expect in the United States and Latin America

Jones Day on

The Situation: Given the negative impact that sustainability-related risks can have on investment returns, investors, banks, and borrowers alike are increasingly focusing on environmental, social, and governance ("ESG")...more

Skadden, Arps, Slate, Meagher & Flom LLP

Sustainability-Linked Loans on the Rise Despite COVID-19

Pre-COVID-19, pressure from investors, stakeholders and regulators helped jump-start green financing. The onset of the pandemic brought a temporary chilling effect to the global economy, but because sustainability-linked...more

Alston & Bird

How Does My Business Qualify for a Sustainability-Linked Loan?

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The third instalment of our Finance Group’s dive into environmental, social, and governance (ESG) finance considers sustainability-linked loans (SLLs), the Sustainability Linked Loan Principles, and why and how your business...more

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