Pages from Practical Law Ring in the New Expert QAndA on LIBOR Replacement and the.._

An expert Q&A with Meredith Coffey of Loan Syndications and Trading Association (LSTA) on issues and considerations related to benchmark reform in the US and the replacement of USD LIBOR with the Secured Overnight Financing Rate (SOFR).

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LIBOR: Hardwired for Success?

On June 30th the ARRC published an updated recommendation for fallback language for syndicated loans (“the 2020 recommendation”).