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Trowers & Hamlins says it published a review of updated sustainability-linked loan drafting
Trowers & Hamlins said associate Rob Woolliams examined the Loan Market Association’s updated sustainability-linked loan provisions in an October 16 article. The firm said the August 2026 drafting builds on the May 2023 version and broadens its use across the association’s primary loan documentation.
Key points
- Trowers said the review addresses changes to sustainability amendment events and performance metrics.Trowers & Hamlins
- The firm said it examines an optional mechanism for agreeing performance targets after completion.Trowers & Hamlins
- Trowers said it discusses margin adjustments and additional events triggering declassification.Trowers & Hamlins
- The firm said it reviews two approaches to facilities whose sustainability-linked terms become effective after completion.Trowers & Hamlins