Author: Christopher J. Lhulier

Client Alert: The End of LIBOR: What Lenders Need to Know

After several years of pronouncements by regulators, financial markets are on track to phase out and replace the London Interbank Offered Rate, or LIBOR, beginning in 2022. With LIBOR serving as the benchmark interest rate for trillions of dollars’ worth of commercial loans, the transition will be significant. While lenders need not panic about the…

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POSTED IN: Banking, Finance & Lending, News