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ARTICLE · 05 MARCH 2019

Preparing For The End Of LIBOR

Arnold & Porter
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The end of LIBOR is in sight. Working groups in different industry sectors and geographic regions are developing protocols to transition to new benchmark rates.

United StatesFinance and Banking
Ed Gabbay
Ed Gabbay
Sheryl Gittlitz
Sheryl Gittlitz
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The end of LIBOR is in sight. Working groups in different industry sectors and geographic regions are developing protocols to transition to new benchmark rates. Identifying the most appropriate benchmark in a given credit market requires consideration of how it will be calculated, how it will integrate with new benchmarks adopted in other credit markets and the extent to which it may cause dislocation for market participants. Firms that participate in LIBOR-based markets would be well served to take stock of their existing agreements and consider whether there are steps they should be taking in anticipation of the coming transition.

The Need for Alternate Rate(s) of Interest – Why Care?

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