Entries tagged “libor”
LIBOR Fallbacks- Alternative Reference Rates
insights Patrick Maschio · Yaacov P. Silberman · Lisa-Marie Monsanto · Suzanne L’Hernault · Emma R. Larson · Fred Chang · Douglas J. Schneller · May 20, 2019
LIBOR Fallbacks: What’s Next After LIBOR? At the end of 2021, the London Interbank Offered Rate (“LIBOR”) may cease as a reference interest rate.[1] For years LIBOR has served as the leading baseline reference interest rate for loans and other financial instruments such as floating rate notes. In order to minimize or avoid loan market…