Five Bullet Points in the LIBOR Transition That Happened in March (That You Want to Act Like You Know All About in Case Your Boss Asks)
By EsqSocial Corporation 09/04/21
March was a big month for the LIBOR endgame. There were several big announcements, some important (but technical) developments, and new deadlines. Simply put, the March developments matter to the fund finance community because they provide certainty to market participants as to the date by which credit agreements that reference USD LIBOR will transition to an alternative reference rate and a date by which new credit agreements may not use USD LIBOR....
By: Cadwalader, Wickersham & Taft LLP