LIBOR_A Dramedy For Our Times (April 28 2021)

For lenders of a certain age, LIBOR’s end may hearken back to Twin Peaks: A surreal drama with lots of twists and a plot that can be nearly impossible to follow. (No Kyle MacLachlan, alas.) Below we try to untangle the threads, and explain, 1) When does LIBOR really end; 2) What are the proposed replacements; and 3) What lenders should watch for as they prepare for LIBOR’s finale.

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