Pages from ARRC Recommended Fallback Language for Syndicated Loans (June 30, 2020)

On June 30th the ARRC published an updated recommendation for fallback language for syndicated loans (“the 2020 recommendation”).  For member convenience we have also prepared a word version of the refreshed fallback language which is available down below. Document reposted on July 23, 2020.

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ARRC-Recommended-Fallback-Language-for-Syndicated-Loans-June-30-2020.docx

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The End of the ARRC

The End of the ARRC! If the quasi-public sector body has wound itself down, that’s a good sign that we’re done with LIBOR transition.