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ELFA's Annual Review for 2020/2021 is here!
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Keeping members on the cutting edge of market trends
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The third set of ESG Fact Sheets is available
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Covenant transparency is good governance
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HOW WE WORK

Our diverse forum of investors engages with other industry bodies and professionals to promote best practices for disclosure and transparency.

We act as the voice of the investor community, seeking a more transparent, efficient and resilient leveraged finance market.

EVENTS

We host regular educational seminars on topics of interest to our members and the wider leveraged finance community through our Seminar Series.

With the support of with our Partners, we keep members up to date on market trends and regulatory developments. We also deliver training for junior team members through our Academy.

We collaborate with other trade associations and educational institutions so that our members can access valuable discounts on externally hosted events.

UPCOMING EVENTS
AFME ELFA Teach-in Series
AFME ELFA Teach-in Series: Calculating Covenant Capacity in Leveraged Finance Transactions
19 May 2022
16:00–17:00 hrs
Zoom Webinar

Matching covenant definitions with financial statement line items is technical and often confusing. Join us for a teach-in on the mechanics behind calculating covenant capacity in high yield bonds and leveraged loans. We will consider the practical aspects of determining amounts of baskets through calculation of key metrics and exploration of calculation mechanic flexibilities.

SFNet’s International Lending Conference 2022
23–25 May 2022
14:30–14:00 hrs
DLA Piper Offices London, UK

If you are active in the international lending space, you need a clear understanding of the current global landscape, what may be on the horizon, and what it all means for your business. Join us at SFNet's International Lending Conference, May 23-25, 2022, where we'll bring together some of the most interesting players on the international lending scene for discussions and insights into what lies ahead.

MEMBER BENEFITS

We provide our members with an independent platform to address important issues, to promote industry leadership on critical issues like disclosure on ESG, and to develop regulatory engagement and representation.

We also provide educational resources through our Seminar Series and Academy, opportunities to progress important initiatives through our Committees, and a platform to express thought leadership through our Insights Series.

We distribute weekly summaries of legal and regulatory issues through our Briefings Series, and regularly update the resources provided under our Diligence Series to reflect current and emerging market issues and trends.

OUR PARTNERS

Through our Partners, we provide members with expertise and resources from leading covenant, legal, and restructuring advisers. Visit our Partners page to learn more about our work together.

NEWS
30 March 2022
Press Release
European Leveraged Finance Association launches ESG Fact Sheet for the Gaming Sector

The European Leveraged Finance Association (ELFA) has today launched its latest sector-specific guidance to support disclosure and engagement on the most important areas of environmental, social and governance (ESG) for sub-investment grade corporate borrowers in the Gaming sector.

22 March 2022
Press Release
European Leveraged Finance Association and Akin Gump: Investors in the dark on risks outside of the restricted group, with potentially serious consequences

Amendment and waiver requests from borrowers during the pandemic highlighted the risks that current reporting obligations pose for investors, according to the European Leveraged Finance Association (ELFA) and international law firm, Akin Gump.

16 March 2022
Press Release
European Leveraged Finance Association: Reverse Factoring is a blind spot for investors

London, 16 March 2022: The European Leveraged Finance Association (ELFA) has lobbied for disclosure on reverse factoring and calls for further disclosure agreements to protect investors. In its Insights report published today, Reverse Factoring: A blind spot for investors, ELFA highlights how a lack of transparency in borrowers’ use of reverse factoring facilities can hide potential risks for investors.

ELFA ON SOCIAL MEDIA