ACT Borrower’s Guide to Sustainability-Linked Loan Terms
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SLL terms have evolved more recently. Contractual protections for lenders have become more extensive, reflecting the increasing focus by lenders and regulators on protecting the integrity of the SLL label as the product grows in popularity.
Our Borrower’s Guide to SLL Terms, produced for the Association of Corporate Treasurers (ACT), includes an overview of the Sustainability-Linked Loan Principles (as updated in February 2023) and a clause-by-clause commentary on key SLL terms, which uses the LMA’s recently published Draft Provisions for SLLs as its reference point.
