LIBOR Transition Will Begin to Accelerate as 2021 Approaches
By EsqSocial Corporation 29/10/20
Over the course of the next several months, participants that are actively engaged in project financing will need to begin thinking about how to manage the transition away from the London interbank offer rate (LIBOR, known as the “most important number in finance”). LIBOR forms the basis for many financing agreements. LIBOR is scheduled to be phased out by market regulators in December 31, 2021, and many large banks and investment managers have been busy preparing for this fundamental shift. ...
By: Stoel Rives - Renewable + Law