LIBOR’s Winter is Coming
By EsqSocial Corporation 11/05/21
God knows I’m as sick of LIBOR transition as you are and writing about it twice in quick succession is annoying, but I think necessary. Here’s the headline which I don’t think has gotten the visibility it deserves: LIBOR will largely end at the end of this year and not in the misty remove of June 2023. At that point, the regulated banking sector will no longer be able to lend or borrow on LIBOR index financial assets next year. Seven short months. Ready?...
By: Dechert LLP