LIBOR is very likely to end shortly after the end of 2021. But why is it ending, what will replace it…and what should loan market participants do to prepare? The LSTA is beginning a series of LIBOR webcasts and open LIBOR Q&A Calls to help our members get ready. In this first webcast, we discussed:
- Why LIBOR is ending, when and what will replace it?
- Understanding all variations of SOFR, the likely replacement rate.
- The status and next steps of LIBOR transition, including implementing workable fallback language, operationalizing SOFR in loan systems and originating new loans on SOFR.
Thursday, November 14, 2019
4PM to 4:30PM (ET)|Webcast Only
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- Meredith Coffey, LSTA EVP – Research and Public Policy; Alternative Reference Rates Committee (ARRC) Representative and Co-chair of ARRC’s Business Loans Working Group