What we know about LIBOR replacement today: LIBOR is expected to be discontinued after 2021 as a result of regulators pushing participants to move away from what has been an industry benchmark for ...

Commercial real estate borrowers and lenders are preparing for a looming LIBOR transition deadline—a process complicated by the fact that there’s no clear U.S. replacement for the widely-used ...

How do banks, corporate borrowers, and investors in syndicated loans prepare for a benchmark rate that does not exist? This conundrum is creating tension between stakeholders in the $900 billion ...

Our previous article on this topic outlined the challenging issue of LIBOR transition—that is, moving from LIBOR to another benchmark rate—for asset-backed securities such as residential ...

But SOFR is an overnight rate, and therefore much more volatile than LIBOR, leading experts to think a new, forward-looking SOFR would be the best replacement. LIBOR, dubbed the world’s most important ...

The Federal Reserve Board adopted a rule that will officially set the Secured Overnight Financing Rate (SOFR) as the fallback benchmark rate in financial contracts that reference the expiring London ...

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