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Exclusive District | Turkish Towel | Turkish Bath Towel | 100% C

$12

Exclusive District | Turkish Towel | Turkish Bath Towel | 100% C

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Product description

Color:Maya

⚠ WASH BEFORE USE ⚠

✔ Washing your turkish towel before use will ensure their softness and improve absorbency.

✔You can also soak your towel in cool water overnight. This really helps your towel become more absorbent.

① What is Peshtemal / Turkish Towel?

✔ Turkish Towels are made from Turkish Cotton, a premium cotton that has extra long fibers. Using longer fiber cotton means fewer joins, which results in stronger and smoother cotton threads. Because of this unique material, Turkish towels are known to become even softer, fluffier and more absorbent with successive washings.

② How are Turkish Towels different from "regular" towels?

✔ The biggest difference is the type of weave. A Turkish towel is a flat weave where a "regular" towel is a terry cloth (loop weave). The flat weave allows the towel to be compact, super absorbent and fast drying. Exclusive District Towels are 100% Turkish Cotton which get softer and more absorbent over time vs. a terry cloth towel that can get stiff and scratchy with prolonged use.

③ Are they traditional?

✔ The history of the peshtemal is closely tied to the history of Hamams. The first Turkish Hamams, or public baths, were built in the 14th century, drawing on inspiration from Roman baths.

✔ The peshtemal became more culturally significant in the 17th century. In the Ottoman palace, the royal women and courtiers wanted peshtemals that were increasingly beautiful and ornate. They hired weavers to design beautifully decorated peshtemals. These peshtemals were hand-woven from cotton on a loom.

✔ Over the 17th century and afterwards, peshtemals were made in a wide range of styles and designs. They grew beyond their origins as a towel for the Turkish baths became an item of both fashion and utility.

Exclusive District | Turkish Towel | Turkish Bath Towel | 100% C

Coronavirus Update

At the present time, our priority is the health and wellbeing of LMA staff, as well as our members and those of you who we work with on a daily basis. In line with government policy LMA staff are mainly working from home and events to the end of September 2021 are postponed with October 2021 onwards under review. In addition, all working party and other meetings will take place by conference call. If you have any questions in relation to our planning, please get in touch via your usual LMA contacts.

Latest News

On Demand: Transition from LIBOR in the loan market – LMA Webinar Update September 2021

Available now on demand is the recording of the LIBOR webinar streamed live on 17 September. Presented by Kam Hessling and Keith Taylor of the LMA, it provides an update on transition since the previous webinar in June 2021. In particular, it covers the following key topics: Recent developments and latest timelines; Update on 'loan market' transition; and What loan market participants need to be doing.

LMA.Automate

LMA.Automate is a secure, cloud-based documentation automation platform powered by Avvoka software and fully hosted by Allen & Overy on a private Microsoft Azure cloud environment. It is available to existing LMA members initially for a free trial period and thereafter for a competitive annual subscription, based on number of individual users.The platform aims to offer an end-to-end solution with a focus on the automation of LMA template documents, but with the functionality to cater for the entire document lifecycle.

Publication of Best Practice Guide to Sustainability Linked Leveraged Loans

We are delighted to announce the publication of our best practice guidance to Sustainability Linked Leveraged Loans, produced in conjunction with the European Leveraged Finance Association. This Guide provides practical guidance as to the application of the Sustainability Linked Loan Principles (SLLP) to leveraged loans (known as Sustainability Linked Leveraged Loans), setting out what borrowers, finance parties and their respective advisors should consider when looking to integrate sustainability factors into their loan agreements.

LMA Syndicated Loans Course for Lawyers

We are planning on holding our LMA Syndicated Loans Course for Lawyers in its in-person format from 16 to 17 November 2021 at One Whitehall Place in London.

This two-day programme, designed specifically for those working in the legal profession, provides detailed tuition on all aspects of the primary and secondary loan markets in the context of the broader debt capital markets but also taking into account current market conditions. The course fee is £950 (plus VAT), which includes course materials, refreshments and lunch.

New Guide: Inhibitors to Liquidity in the Loan Market

This Guide was developed in collaboration with our Institutional Investor Committee. It addresses key issues which have the potential to impact liquidity in the loan market. The Guide focuses primarily on those issues prevalent in the leveraged loan market including, among other things, potential frustrations and delays in relation to Know Your Customer obligations, utilisation and interest periods, minimum holds, minimum transfer amounts, white lists and consent language, as well as around confidentiality and amendments to LMA templates.

Member alert – Updates to the LMA’s Data Protection Privacy Notice

On 12 August 2021, we made a number of changes to our data protection privacy notice on account of, amongst other things, changes to the features available at our virtual conferences.

A copy of the updated privacy policy can be found here.

Recent Activity

Documentation (27 October 2021)

LMA publishes term SOFR exposure draft and commentary for use in developing markets jurisdictions.

Submission (15 October 2021)

LMA responds to FCA consultation on the proposed decisions on the use of LIBOR (Articles 23C and 21A BMR).

Submission (30 September 2021)

LMA responds to EBA's Consultation Paper on revised draft of Regulatory Technical Standards.

Documentation (29 September 2021)

LMA publishes a new recommended form of borrowing base facility agreement.

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LMA response to the targeted consultation on the functioning of the EU securitisation framework.

Submission (1 September 2021)

LMA responds to UK HM Treasury Consultation on the review of securitisation regulation.

Documentation (3 August 2021)

LMA publishes practical guidance for the documentary amendment process when transitioning legacy LIBOR facilities

Documentation (28 July 2021)

LMA publishes a real estate finance facility agreement for investment property transactions to facilitate the syndicated loan market in transitioning away from the use of LIBOR to compounded risk-free rates ("RFRs").

Submission (29 June 2021)

LMA second letter on the Proposed Directive of the European Parliament and of the Council on credit servicers and credit purchasers.

Documentation (22 June 2021)

LMA publishes Exposure Drafts of LMA Trade Confirmation (Claims) and LMA Trade Confirmation (Risk Participation).

Virtual Events

During this current crises, a key area where we are changing the way we deliver our services is, naturally, our events and training programme.

Since the start of the pandemic, we have produced a substantial number of webinars, podcasts and virtual events/panel discussions. All this content can be viewed on demand on "LMA Player", our video and audio recording hub. You can also access content from our virtual conferences held earlier this year (Developing Markets Conference and FinTech Conference) as well as still visit the virtual platform for our recent annual virtual conference.

Virtual Events/Webinars Schedule Q4 2021

Resources

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Watch our video overview of the LMA website providing a virtual tour of the site to help you locate all the interesting and latest content.

Best Practice Guide for Term Sheet Completeness

We and the ELFA joined forces with the investor community, and specialist review providers, to identify a list of provisions that are of material importance to investors' investment decisions, which are now set out in this Best Practice Guide.

LIBOR Transition Glossary

We have published a glossary of key terms related to the transition from LIBOR to near risk-free rates ("RFRs").

Sustainable Lending Glossary

Our new sustainable lending glossary will aid transparency of terms in this rapidly evolving area of the market.

Green Loan Principles (GLP)

The GLP have been developed by an experienced working party with a view to promoting the development and integrity of the green loan product.

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Sustainability Linked Loan Principles (SLLP)

Sustainability linked loans aim to facilitate and support environmentally and socially sustainable economic activity and growth.

LMA Secondary Settlement Statistics

Collation of settlement statistics from major European trading banks

Understanding the Loan Market

E-learning course comprised of 10 modules providing an overview of the syndicated loan market.

EU Bail-in Legislation Schedule

As part of the co-operation between the LMA, LSTA, APLMA and also ICMA, each of their forms of bail-in clause refer to a common EU Bail-In Legislation Schedule, which has been prepared by the LMA, in order to describe the relevant national implementation legislation and write-down and conversion powers.