Details emerge on LMA's loan automation plans

Smart contract technology derivative Adobe Stock AS
By Mike Turner
27 Mar 2020

Some of the most commonly used syndicated loan documents will fall under the remit of the Loan Market Association's new automation platform, which is expected to be launched before the end of the year.

The LMA has partnered with law firm Allen & Overy and cloud-based contract automation company Avvoka to create a document automation platform for the syndicated loan market.

The platform will start with "a range of documents", an LMA spokesperson said. 

These include LMA confidentiality agreements, mandate letters, term sheets and ...

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