A Closer Look at ISDA's New 2020 IBOR Fallbacks Protocol and Amendments to 2006 Definitions

The International Swaps and Derivatives Association Inc. (ISDA) has published its long-awaited 2020 IBOR Fallbacks Protocol (the Protocol) and related Amendments to the 2006 ISDA Definitions (the Amendments). These documents, together, represent a significant step toward the bilateral modification of global derivatives documentation to address the anticipated discontinuation of Libor (the London Interbank Offered Rate),…...
By: Holland & Knight LLP

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