The mutual decision was taken by the two groups following the conclusion of a 6-month trial period, so that both organisations can continue serving the interests of their respective members, while still working together for the benefit of the whole market.
Sabrina Fox, Executive Advisor to ELFA, said: “ELFA is grateful to AFME for their support over the last six months. The platform they provided to us was essential to our success and momentum. As trade associations we represent different constituencies with unique perspectives. Working together as independent entities will enhance our ability to represent our respective members, and to collaborate with each other. Our intention is to continue to work closely with AFME as both parties act to support the growth and sustainability of the European leveraged finance market.”
Gary Simmons, Managing Director of AFME’s High Yield Division, said: “This was a mutual decision taken by both organisations in order for us to best represent the interests of our respective members. The high yield investor community is an important part of the European high yield industry and we value its contribution to maintaining a healthy and viable market. AFME and ELFA will continue to work informally together across various policy issues, including joint initiatives and continued communication, to promote high yield market growth and efficiency.”
The European Leveraged Finance Association (ELFA), is delighted to announce the formation of a new Restructuring Committee, alongside the appointment of three founding Co-Chairs with extensive experience in bond, loan and private credit restructurings. The founding Co-Chairs are Dermot MacNamara from Muzinich & Co., Marc Touboul from Bain Capital, and Mohit Agarwal from Pemberton Asset Management.
The European Leveraged Finance Association (ELFA) has today published the third instalment in its Transferability Series, focusing on the lack of clarity and consistency in senior facilities agreements (SFAs).
The European Leveraged Finance Association (ELFA) is pleased to announce the 2025 update of its ESG Fact Sheets. This widely adopted resource continues to drive transparency, consistency, and impactful ESG engagement across the European leveraged finance market.
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