Fallbacks: Report from the Institutional Loan Trenches
Usage of ARRC Hardwired Fallbacks has grown significantly in recent months - building on the increased momentum we had already seen in 2021. Covenant Review…
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Flooring It! LIBOR vs. SOFR
Interest rate floors have been in flux in the past year – and floor economics currently are moving against lenders. Prior to the Covid-19 crisis,…
LSTA LIBOR Remediation Series Video – Intro and Covenant Review
This video is an introduction by Meredith Coffey, EVP Research & Public Policy, Member of the Alternative Reference Rates Committee (ARRC) and Co-chair of the…
Is Loan Documentation Rational?
Covid-19 is focusing attention on economic pressures and, potentially, defaults and recoveries. Recently, we received some additional interesting perspective into loan recovery given default (RGD).
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