Main Menu
Parker McCay Blog
Posts in Creditors' Rights.
August 6, 2019
The LIBOR Phase-Out:  Part 3

In Parts 1 and 2 of this series, we discussed the circumstances that led to the planned phase-out of the London Inter-bank Offered Rate, commonly referred to as “LIBOR” and the proposed replacement rate known as the Secured Overnight Financing Rate (“SOFR”). In this last part of the series, we will present the proposed language recommended by the Alternative Reference Rate Committee (“ARRC”) to be used in new contracts that reference LIBOR.

Subscribe for Updates
Subscribe to this blog's feed

Categories

Back to Page