Co-published with our partners Akin and Covenant Review, this examines the challenges with Minimum Transfer Amounts and Transfer Fees, and our proposed solutions.

All ELFA members are invited to The Evolution of European Private Credit and Assessing the Impact of AI Disruption roundtable on 16th June, kindly hosted at our partners Houlihan Lokey.

The updated guidance introduces an annex to the CLO Data Reporting Best Practice, providing additional detail on reporting fields and clarifying disclosure standards for greater consistency across transactions.

This guidance outlines eight best practice recommendations for European Cooperation Agreements, covering clarity of purpose, pari passu access, transparent fees and governance, and public communication protocols.

Now including reference to the EU Platform on Sustainable Finance, a new question on issuers’ sustainability policies, clearer highlighting of sector-specific questions, enhanced KPI tables with data validation, refined formatting for better readability and ease of completion, and embedded macros for smoother usability with non-macro versions also available.

ELFA has enhanced its CLO ESG Questionnaire to refine ESG metrics, improve data consistency, and align reporting standards for investors and managers.