Showing 12 out of 19 results
Term SOFR in USD loans
There has been a divergence in the international market in the rate which will replace USD LIBOR when it is discontinued at the end of June next year. …
The brave new world of RFRs
LIBOR has almost been consigned to history for new transactions. However, there are still some areas relating to the use of near risk-free rates (RFRs) …
Amending legacy contracts: how to cater for near risk-free rates
Herbert Smith Freehills LLP has published an article in Butterworths Journal of International Banking and Financial Law on amending legacy loan …
LIBOR transition: What is a "safe harbour" and why does the UK’s legislative toolkit need one?
In the context of the UK’s legislative solution for the transition of so-called "tough legacy" LIBOR contracts, contained within the Financial Services …
Corporate Treasurer Briefing - Is LIBOR Really Entering the End Game?
The end of 2021 has been the date set in stone for the discontinuation of LIBOR for some time. In our briefing we look at the status of LIBOR transition …
2020 Global Bank Review: #disruption
The 2020 edition of our Global Bank Review: #disruption, explores the challenges and opportunities facing banks, with the emergence and impact of the …
Legislating for LIBOR transition: UK/EU jurisdictional battle or complementary regimes?
The European Commission has published its proposals for an EU legislative solution for the transition of legacy LIBOR contracts.This announcement follows …
LIBOR transition: the next steps in the loans market
Despite Covid-19 slowing LIBOR's phase-out, the loan market still faces the move to risk-free rates by 2022. We assess the progress The relaxation of …
UK Government announces LIBOR legislative fix: summary of proposals and our initial observations
In a written statement on 23 June 2020 made by Rishi Sunak, The Chancellor of the Exchequer, the UK Government has announced its intention to introduce a …
HERBERT SMITH FREEHILLS HEAD OF BANKING LITIGATION RESPONDS TO NEWS THAT THE FCA WILL GET ENHANCED REGULATORY POWER TO PHASE OUT LIBOR
Responding to the news that the forthcoming Financial Services Bill will give the FCA enhanced regulatory powers to manage and direct any wind-down …
Webinar: LIBOR transition: Practical documentation issues
This webinar is an overview of the practical documentation issues that arose in the British American Tobacco multicurrency syndicated loan agreement …
Herbert Smith Freehills responds to regulator's latest statement on LIBOR discontinuation
Responding to news that the Working Group on Sterling Risk-Free Reference Rates (RFRWG) has issued a new statement on the impact of COVID-19 on firm's …
Showing 12 out of 19 results
View more