The SOFR Amendments Working Group is generally comprised of loan market lawyers, both in-house counsel and private practitioners, tasked with developing generic forms of amendment designed for use in amendments to LIBOR-referenced credit agreements to reference a replacement benchmark rate. The Term SOFR and Daily Simple SOFR versions are currently in development.

Interested parties should contact Tess Virmani for more information.

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Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

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