Practical Law – What’s Market: SOFR Interest Rate Provisions
A Practice Note discussing the SOFR interest rate, including Term SOFR and Daily Simple SOFR, together with related fallback language and credit spread adjustments.
Search Results
Total Results:
Remediation Toolkit: LSTA’s Forms of Amendment
The LSTA has shared with members its initial suite of amendment forms to assist in the remediation of LIBOR loans.
SOFR Amendments
The LSTA has released drafts of an initial suite of amendment forms to assist in the remediation of LIBOR loans.
Operative Terms/Exhibit A
These provisions implement Adjusted Term SOFR and are suited to accompany either the Conforming Changes Cover Amendment or Replacement Cover Amendment.
Draft of Term SOFR Consensual Amendment
This is an amendment that would allow parties to attach a conformed, blacklined credit agreement as Exhibit A to change a benchmark rate. In this…
Blackline of Term SOFR Consensual Amendment
This is blacklined against the Conforming Changes Amendment.
Term SOFR Concept Document (Dec 17 2021)
An updated version of this document was published as an LSTA Form on February 27, 2023. This version is available for reference with ISDA’s Template…
ISDA, LMA and LSTA Talk Hedging SOFR
By Tess Virmani. On October 12th ISDA hosted a webinar together with the LSTA, LMA and Linklaters covering the RFR-related provisions in ISDA’s documentation.
LIBOR: October (Non) Surprise
By Meredith Coffey. We heard that October would be a pivotal month in LIBOR transition – and we weren’t wrong.
Term SOFR Spotting: October Edition
After months of getting ducks in rows, are we seeing the tip of the SOFR loan iceberg? LSTA’s Meredith Coffey flags what may be the…
Become a Member
Membership in 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.
Our Partners
