FCA Announcement (Mar 9 2021)

LSTA EVPs Meredith Coffey and Tess Virmani presented a short webcast that explained the March 5th FCA and IBA announcements on LIBOR cessation and non-representativeness and key impacts on loans and CLOs. The webcast put the March 5th announcements in context of other key LIBOR cessation dates, explained how the spread adjustments were set, discussed sending notices based on the FCA/IBA announcements and reviewed the concept of “synthetic LIBOR”.  These are the accompanying slides.

Downloads
File
FCA-Announcement-Mar-9-2021.pdf

Become a Member

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.

View Current Members

Our Partners

CUSIPFitch Group logoMorningstarRefinitiv-(March-2019)
Total Results: 

Sort by:

LSTA and LMA New York City Conference

May 22, 2023 - On May 18th, the LSTA and LMA jointly hosted their New York City Conference.  Speaking to a packed audience, LSTA’s Executive…

Loan Tech & CLOs: Help Them Help You

May 18, 2023 - Developments in Loan Technology and Data Strategies kicked off with a vivid description of the origination, trade, portfolio monitoring, compliance, accounting,…