Ambiguity and Confusion Surround the End of LIBOR
In this latest webinar in our IBOR Transition series, David Duffee, Adam Wolk and Mary Jo Miller reflect on the recent IBA and FCA announcements on the cessation of LIBOR and introduce the following topics: What is \u201csynthetic LIBOR\u201d and why won\u2019t it work in the United States (but will work in Europe)? Fallbacks in 2021 \u2013 are US regulators mandating the use of the hard-wired approach, or not? What decisions must lenders make to document SOFR loans in 2021.