LSTA Unpacks Hardwired Fallback Language
As recently reported, on Monday the FCA, the IBA and US banking regulators made a number of announcements relevant to LIBOR transition which were (quite…
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Huzzah! Hardwireds are Here!
We have seen (well, we’ve read about) the first Syndicated Loan Hardwired Fallbacks, courtesy of Covenant Review. We discuss the background and recommendations for Loan…
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