Don’t wait until 2022 to say sayonara to Libor
Libor, how much exposure do you really have? A corporate lawyer speaks to CT and provides a roadmap for treasurers preparing for the phase-out of the benchmark in 2022
Libor (the London Interbank Offered Rate) underpins market activity to the tune of $450 trillion and the magnitude of the transition can appear daunting. However, inertia on this front will be detrimental to the business.
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