In this video, we discussed the LIBOR transition process and the decision points for CLOs. Presented by Meredith Coffey of the LSTA, Nicole Skalla of Paul Hastings, and Tess Virmani of the LSTA. The slides shown throughout this video are available for download....
LSTA appreciates the opportunity provided by the Board of Governors of the Federal Reserve System to comment on its recently proposed rule, Regulation Implementing the Adjustable Interest Rate (LIBOR) Act....
This spring, Congress passed the LIBOR Act, which was intended to create a clear and uniform process for touch legacy contracts – those lacking workable LIBOR fallback language – to transition to replacement rates. In July, the Federal Reserve released a proposal to implement the LIBOR Act. While business loans typically have some form of...
This spring, Congress passed the LIBOR Act, which was intended to create a clear and uniform process for touch legacy contracts – those lacking workable LIBOR fallback language – to transition to replacement rates. In July, the Federal Reserve released a proposal to implement the LIBOR Act. While business loans typically have some form of...
