December 2, 2021Webinar

Phase-Out of LIBOR: Implementing Replacement Rates for Floating Rate Loans and Derivatives

In this CLE webinar, Partner Cheryl Isaac will address the scheduled phase-out of LIBOR (London Interbank Offered Rate) at the end of 2021, alternative rates and provisions recommended by the Alternative Reference Rate Committee (ARRC) of the Federal Reserve Bank of New York, and the steps that lenders and finance counsel should take to amend existing transaction documents and manage new transactions. An open question and answer session will follow the presentation. 

This webinar will review several critical issues including:

  • What is the timeline for LIBOR's phase-out?
  • What are the issues with alternative rate language currently contained in loan documents?
  • How should floating rate forms be revised to address the phase-out and the use of SOFR or another index as a substitute rate?
  • What should counsel look for in ISDA agreements to confirm a suitable alternative rate?
  • What is SOFR and how does it compare to LIBOR?
  • What other replacements indices are market participants considering, including BSBY, Ameribor, and Prime?

Early Registration Discount Deadline Friday, November 5, 2021

Thursday, December 2, 2021

Time (Eastern):
1:00 p.m. - 2:30 p.m.

CLE Webinar

back to top