The Great Transition: A 2020 LIBOR Transition Recap and Things to Keep in Mind as We Approach 2021
Jones Day New York partner Kim Desmarais authored an article in the November issue of The Secured Lender, discussing the upcoming LIBOR transition. Lenders and borrowers have had much to contend with in 2020, including an unforeseen and devastating pandemic upending the way we live and conduct business. One constant remains though, and that is that LIBOR is widely expected to cease to be the benchmark rate for loan and derivative products after 2021 and transition efforts remain underway. Read the article here.
Reprinted with permission from the November 2020 issue of The Secured Lender. ©2020 Secured Finance Network. Further duplication without permission is prohibited. All rights reserved.
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