LMA Publishes New RFR Documentation and Updates Exposure Drafts to Recommended Forms | McGuireWoods LLP
To embed, copy and paste the code into your website or blog: On March 30, 2021, the LMA published its exposure draft RFR documentation as recommended forms, and updated the documentation to reflect, among other things, the Sterling Risk-free Rate Working Group’s (the Working Group) updated conventions. The LMA also replaced their single currency SONIA and SOFR exposure drafts with two recommended form single currency RFR facility agreements, and updated their RFR terms. Recommended Forms The LMA first published their exposure draft multicurrency term and revolving facilities agreement inco...