Libor reform: capitalising on the transition

Author: | Published: 26 Feb 2019

Companies are facing legal and operational challenges when it comes to the global move away from interbank offered rates

The transition away from interbank offered rates (Ibors) – interest rate indices used to calculate floating rates on trillions of dollars in mortgages, bonds, loans, derivative and other financial agreements – to alternative reference rates (ARRs) will have an immense impact on industries across the globe, not just financial services. The treasury departments of consumer and industrial companies – as well as almost any firm that accesses the financial markets either directly or indirectly - must deal with the change....