Week in Review 01 08 21

This week in review: Meredith Coffey reviews 2020: A Year in Four Acts, Ted Basta recounts 2020’s Secondary Ups & Downs (or vice versa), Meredith Coffey explains why USD LIBOR’s extension to mid-2023 for legacy products doesn’t change the ARRC’s best practice recommendations (and dates) and Elliot Ganz recaps a recent LSTA comment letter on Supervisory Guidance (think Leveraged Lending Guidance).

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NY State: Legislating LIBOR (Fallbacks)

Last week, the New York State 2022 budget was presented, and included the ARRC’s proposed LIBOR transition legislation (in Article 18-c). We describe the impact…