Majority Lenders
Noun
LMA
Lenders holding 66⅔% of drawn and undrawn commitments; usually, lenders representing more than 50% of the facility, including both drawn and undrawn commitments, in LSTA-style facilities.
Lenders holding 66⅔% of drawn and undrawn commitments; usually, lenders representing more than 50% of the facility, including both drawn and undrawn commitments, in LSTA-style facilities.