In April 2021, the Asia Pacific Loan Market Association (APLMA), the Loan Market Association and the Loan Syndications and Trading Association announced the publication of a revised version of the Sustainability Linked Loan Principles (SLLP) and accompanying Guidance on Sustainability Linked Loan Principles (SLLP Guidance) reflecting recent market trends.
Key amendments include:
The SLLP have also been structurally adjusted to align with the International Capital Market Association's Sustainability Linked Bond Principles.
All transactions completed prior to 3 June 2021 will be exempt from following the revised SLLP, and instead should be reviewed in conjunction with the SLLP published in May 2020.
The SLLP is accessible here: link (APLMA member login required).
The SLLP Guidance is accessible here: link (APLMA member login required).