It’s Time to Initiate a SOFR Loan…Or Maybe Not
By EsqSocial Corporation 02/11/20
I wrote back in the early days of 2020, or as we call it now, the “Time Before,” that we thought it made sense for key market participants to consider an early move to SOFR pricing, not just as the backstop but as the interest rate of the loans. Frankly, we were thinking about the SASB market, and we thought that would be indeed well received by the investor community....
By: Dechert LLP