For lenders of a certain age, LIBOR’s end may hearken back to Twin Peaks: A surreal drama with lots of twists and a plot that can be nearly impossible to follow. (No Kyle MacLachlan, alas.) Below we try to untangle the threads, and explain, 1) When does LIBOR really end; 2) What are the proposed replacements; and 3) What lenders should watch for as they prepare for LIBOR’s finale.
File | LIBOR_A-Dramedy-For-Our-Times-April-2021.pdf |
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