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.
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.
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.
London, 8 March 2022: In its latest Insights Report – ESG Integration in Private Debt: Progress amidst growing pains – the European Leveraged Finance Association (ELFA) finds that while private credit managers are increasingly integrating ESG considerations into their investment processes, data availability presents significant challenges. This report is based on ELFA’s ESG in Private Debt Survey and follows on from its inaugural Insights report on the Growth of ESG in Private Debt Markets.
London, 1 March 2022: Efforts by investors to analyse climate change risks and report on topics such as net-zero alignments and the Task Force on Climate-Related Financial Disclosures (TCFD) in leveraged finance and private credit markets are being hampered by data availability issues, according to the European Leveraged Finance Association (ELFA).
London, 15 February 2022: The European Leveraged Finance Association (ELFA) has today launched its updated set of sector-specific guidance on environmental, social and governance (ESG) disclosures for sub-investment grade corporate borrowers. The latest ESG Fact Sheets now include sector-specific guidance for the most important areas of ESG disclosure for Autos, Building Materials and Services sectors.
Join us and our partners at 9fin for a discussion on investor hot topics in European leveraged loans, how they may differ in the US market, and where investors are having most success pushing back against some of the more aggressive features.
Our 2022 ELFA Academy, aimed at interns and other junior members, will take place on Thursday 14th July and Friday 15th July. The sessions will cover an introduction to the financial industry, an overview of High Yield (and related covenant analysis), and also purpose-built case studies.
The longest-running global event for ESG in private markets, the Responsible Investment Forum: Europe, will bring together 300 attendees in London on 16-17 November.
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