Authored by the MBA LIBOR Outreach Committee, consisting of commercial mortgage market participants that use LIBOR-based reference indices in their operations. The new primer calls on companies that ...

At this point, not even a pandemic can derail the long-anticipated retirement of LIBOR (the London Interbank Offered Rate) at the end of 2021. That means time is running out for market participants ...

Background: Why is LIBOR Going Away? LIBOR has played a critical role in the financial industry for more than 50 years. As of 2018, more than U.S. $200 trillion of financial contracts were pegged to ...

These Legacy LIBOR Instruments provide by their terms that USD LIBOR will be replaced by a rate that matches the Board-selected benchmark replacement if the issuer determines that a benchmark ...

New survey finds that over 50% of firms no longer trade USD Libor-indexed products, suggesting that the transition away from USD Libor is well underway. According to a new survey from Bloomberg, ...

The Financial Accounting Standards Board released a proposed accounting standards update Thursday to help banks and other types of businesses make the transition from the London Interbank Offered Rate ...

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Differences in LIBOR replacement rates could upset complex deal structures. Floating rate debt instruments for commercial real estate loans and many other forms of financing have for decades relied on ...