février 12 2023

LIBOR Lapse Looms Large

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Attention Loan Market Participants: There are fewer than 145 days until US dollar LIBOR no longer is published on a representative basis. While some segments of the market are well advanced in transitioning from the London InterBank Offered Rate to the Secured Overnight Financing Rate, the lending market generally is behind. Given the substantial volume of outstanding LIBOR contracts, the time to transition away from LIBOR is now!

Read the full Legal Update.

The post LIBOR Lapse Looms Large appeared first on Eye on IBOR Transition.

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