LMA brings leveraged document to Africa

Author: | Published: 23 Dec 2011

In September, the African Loan Market Association (Alma) launched with little fanfare. The body had modest aims: a degree of uniformity for local law loan documentation in a region riddled with disparate agreements drafted by banks and their advisors.

Until then, all banks and law firms have their own precedents on loan documents in South Africa, Nigeria and...



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