• AddRemove
  • Build a Report 
Past Event
31 March 2016


  • Kiel A. Bowen
    T +1 704 444 3692
  • Adam C. Wolk
    T +1 212 506 2257

Treatment of Potential Negative LIBOR in Credit Agreements

In today’s low interest rate environment, financial institutions are increasingly interested in the effects that negative rates could have on loan facilities that bear interest based on floating rates. Recently, some lenders have recognized the possibility of London Interbank Offered Rate (LIBOR) being negative and, following an established practice in Europe, are requiring that new credit agreements have a “zero floor.” But this fix only addresses new agreements. Please join Mayer Brown partners Kiel Bowen and Adam Wolk as they discuss the remaining issues regarding credit agreements signed before adoption of the “zero floor” convention and how a negative LIBOR would be treated under these agreements.

For additional information, please contact .

Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.

Related Multimedia

Play Audio
31 March 2016
(Listening to this teleconference requires a brief user registration.) 
Listen to audio recording >>

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.