International Loan Agreement Definition
The Loan Market Association has compiled its LMA documentation, such as for example. B standard conditions or Trade Confirmation and Settlement Letter, for the use of «institutions which trade in holdings in credit agreements on the secondary market». The advantage of these documents is «to help the borrower and lenders reduce the time and right to negotiate common provisions in the loan agreement (Ce Fi MS, unit 2, p.22). – the contracting parties, that is to say: In this perspective, he argues about «the increasingly important role played by private capital in the development of the market». As far as developing countries are concerned, foreign investment or foreign savings, «if invested intelligently», will contribute to their economic growth and usefulness. And in a broader context, he argues that «capital flows to developing countries have played a catalytic role that has brought the world closer to a smooth global market.» And in the case of risk management, he believes that «one of the great benefits of the internationalization of capital markets is the diversification of risks». . . .