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JIBFL: LMA incremental facility wording: one size fits all?

Overview

In this feature article Finance partner Donald Lowe and Associate Michael Leadbeater examine the process of establishing an incremental facility using the steps prescribed by the Loan Market Association’s (LMA) template wording and consider whether it represents common practice in the mid-market.
This article first appeared in the May 2021 edition of Butterworths Journal of International Banking & Financial Law. 

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